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As part of its ongoing commitment to digital transformation and financial inclusion, the International Finance Corporation (IFC) has invested US$7m in a Series B funding round for AND Global, a leading Mongolian fintech company. The investment aims to support innovation...
#AND Global#fintech#IFC
AVANA Companies (AVANA), a private credit platform with more than 23 years in commercial lending, has secured approval from the…
#AVANA#commercial lending#credit platform
KredX’s RBI-licensed TReDS Platform - DTX and MonetaGo have announced a strategic partnership under which KredX will utilise MonetaGo’s Secure…
#DTX#Fraud Prevention#KredX
The Reserve Bank of India (RBI) has granted approval for the Indian Banks’ Digital Infrastructure Company (IBDIC) Pvt Ltd to…
#blockchain#IBDIC#Indian Banks’ Digital Infrastructure Company
Finastra, a global leader in financial services software, has announced the Japan International Cooperation Agency (JICA)’s successful go-live with the…
#Finastra#Finastra’s Loan IQ#JICA
Faysal Bank Limited (FBL), a prominent Islamic bank in Pakistan, has initiated a pioneering move in the digital transformation of…
#Fauree#Faysal Bank#supply chain finance
BillMart Fintech Pvt. Ltd. (BillMart), a fast-growing digital lending platform, has surpassed INR 2,500 crore (US$290m) in disbursements across more…
#BillMart#digital lending#invoice discounting
Manu Prakash (pictured), Managing Director and Head of Lending at CredAble, explains why securitisation offers a viable solution for accessing…
#asset backed securities#CredAble#interest rate
Siemens AG, Commerzbank AG and Fr. Meyer’s Sohn have successfully completed a proof of concept (POC) demonstrating the power of…
#Bill of Lading#Commerzbank AG#digital trade document
Chris Wohlert, Managing Director of Supply Chain Finance at Wells Fargo Bank, N.A., discusses the latest developments in China's factoring…
#Chris Wohlert#factoring#supply chain finance
In a decisive move to modernise its trade finance operations, the State Bank of India (SBI) inaugurated two specialised Global…
#compliance#digitalisation#operational efficiency
The Receivables Exchange of India Ltd (RXIL), a TReDS platform jointly promoted by SIDBI and the National Stock Exchange (NSE),…
#ICICI Bank#invoice finance#RXIL
C2treds has completed its inaugural year of operations on India’s Trade Receivables Discounting System (TReDS), marking a significant step in…
#C2F0#C2treds#MonetaGo