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ABFL India launches expansion plan for SMEs to 50...

By the end of July 2018, Aditya Birla Finance Limited (ABFL) will be present in 50 cities (Tier I, II and III) across India, growing from tapping 70% of small-medium enterprises’ (SMEs) demand for credit, at present, to 85% of...

#bank#management#risk management

Alpha Capital invests in Indian supply chain finance startup

Mumbai-based supply chain financing startup... has raised... (more…)

#financial services#management#smes


SBI Global Factors to provide credit protection and collection...

SBI Global Factors is planning to offer credit protection and collection services to parent... (more…)

#credit protection


Chinese aluminium producer inks US$4.7 billion SCF deal

... the world's biggest aluminium producer, said it has signed a financing agreement with... (more…)

#bank#bonds#securitisation


Online commercial factoring – “most efficient financing channel” for Chinese...

According to an article published in Gelonghui on 16 May 2018, commercial factoring is the most efficient financing channel for…

#bank#digital#platforms


Chinese supply chain finance available on R3 Corda’s blockchain platform

...a leader in online marketplace lending in China, and R3, a global enterprise software firm, announced that... (more…)

#blockchain#Corda#R3


ICICI Bank India to build a platform for small...

ICICI Bank is increasingly cognisant of the challenges and competition which the fintech sector is... (more…)

#bank#fintechs#management


Malaysia’s fintech named the best supply chain platform in...

...a fintech company, leading the way for SCF in Malaysia has announced that it has received two separate awards from…

#bank#invoice#management


Infosys Finacle tests trade finance platform with Indian banks

Seven banks in India have struck an agreement to collaborate with digital banking service provider Infosys Finacle on a blockchain-powered…

#purchase order finance


Indian invoice finance platform discounts 20,000 invoices worth Rs...

Digital invoice discounting platform, Invoicemart, said yesterday (7 May) it has processed nearly... (more…)

#bank#discounting platform#invoice


Chinese firm grants RMB 100m revolving factoring facility ...

...a leading financial advisory services company, announced that ...signed a revolving factoring credit facility agreement with... (more…)

#bank#bank loan#financial services


First company in Bangladesh to develop integrated SCF platform

For the first time in Bangladesh,...is in the process of developing an integrated digital platform... (more…)

#blockchain#business finance#international

DBS conducts first factoring transaction on Invoicemart

Digital Invoice Discounting platform Invoicemart announced the execution of the first factoring transaction by... (more…)

#bank#blockchain#frauds

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