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Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) and the International Finance Corporation (IFC) have jointly provided US$150m in supply chain financing to support Vietnamese coffee-exporting SMEs. This initiative, the first of its kind between IFC and a local bank, aims to...
#supply chain finance
Ascend Money, the fintech subsidiary of Thailand’s Charoen Pokphand Group, has secured a US$195m investment led by MUFG Bank, part…
#bank#digital#financial services
Validus Group, a Singapore-based digital SME financing platform, has secured US$17.57m in debt financing from Oikocredit and FMO to support…
#debt financing
The Asian Development Bank (ADB) and Ngern Tid Lor (TIDLOR) have signed a US$150m (in Thai baht equivalent) loan agreement to…
#ADB
NEC Corporation (Thailand) Limited (NEC Thailand) has announced a strategic partnership with AIRA Factoring Public Company Limited (AIRA Factoring) to…
Italian export credit agency SACE has inaugurated a Singapore office to facilitate Italian companies in capitalising on burgeoning trade and…
#economy#international#investment
On April 3, 2024, a notable shift occurred in the fintech sphere as Tat Yeen Yap bid farewell to his…
#Managerial Appointments
Malayan Insurance Co. Inc., a Philippine non-life insurance firm, has teamed up with Dutch Atradius Credito y Caucion S.A. de…
#Atradius
Indonesian fintech Akulaku Group announced that it has secured US$100m in debt financing from HSBC Singapore.Akulaku aims to deepen its…
#BNPL
Maybank, a financial services firm based in Malaysia, has entered a memorandum of understanding (MOU) with Singapore's Doxa Holdings International,…
ProCredit, a Philippines-based SME lender, has successfully concluded a US$4.1m pre-seed round. Integra Partners led the investment, with participation from…
#bank#emerging markets#management
Singapore-based fintech platform Xalts, backed by Accel and Citi Ventures, has announced its acquisition of Contour Network, previously owned by…
#digitisation#supply chain finance
Maybank has announced its plans to disburse approximately RM18bn (US$208.4m) in SME financing for the year 2024, marking a 13…
#sustainable financing