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Cygnet.One, a company that empowers organisations to achieve business process digital transformation, has partnered with Ratnaafin a non-banking financial company (NBFC) to offer invoice finance to MSME via Cygnet BridgeCash platform in India. The partnership combines technology and product expertise...
#Cugnet BridgeCash#Cygnet.One#Malav Desai
The Reserve Bank of India (RBI) is set to introduce a new technology platform aimed at providing frictionless credit access,…
#digitalisation#digitisation#fintech
Seylan Bank has expanded their financial services with ‘Seylan Factoring’, a tool that allows businesses to raise liquidity based on…
#Cash flow#factoring#Seylan Bank
Mynd IFSC Pvt. Ltd. has received approval from the International Financial Services Centres Authority (IFSCA) to launch its International Trade…
#digital trade finance#India Factoring#IndusInd Bank
The State Bank of Pakistan (SBP) has doubled the clean lending limit for SMEs to Rs10m (US$ 119,23k) in a…
#sme finance#State Bank of Pakistan
Vayana, an important provider of supply chain finance (SCF) solutions in India, has raised US$20.5m new equity in an ongoing…
#supply chain finance#trade finance#Vayana
Stenn, the leading working capital digital platform, has partnered with Payyd, an expert in dynamic payments technology, to help power…
#export finance#Fintech. Invoice finance#Stenn
ING has announced that Shivkumar Seerapu joined the bank as Head of Transaction Services for Wholesale Banking APAC earlier this…
#Shivkumar Seerapu#transaction banking
Veefin Solutions has appointed Parag Ekbote as CEO of GlobeTF, a Veefin's subsidiary specialising in Transaction Banking solutions. With nearly…
#Parag Ekbote#Veefin
NTT Data has partnered with Aeon Bank to create a supply chain finance system using iQuattro, centralising commercial flow data…
#Aeon Bank#NTT Data#supply chain finance
Supply chain finance platform SaralSCF reported impressive Q1 FY25 results, with over Rs 270 Crore (US$32.3m) disbursed across 30,000 invoices,…
#account payables#account receivables#SaralSCF
The International Finance Corporation (IFC), a member of the World Bank Group, has invested US$90m to support export and import-based…
#working capital
The State Bank of India (SBI) has introduced 11 new initiatives to enhance its service offerings across various customer segments.…
#SME lending