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ASEAN

HSBC Singapore backs Indonesian fintech Akulaku with $100M debt...

Indonesian fintech Akulaku Group announced that it has secured US$100m in debt financing from HSBC Singapore.Akulaku aims to deepen its operational footprint in Southeast Asia, facilitating the launch of new financing products and enhancing services for the underbanked population.The move...

#BNPL

Maybank partners with Doxa Holdings to boost SCF

Maybank, a financial services firm based in Malaysia, has entered a memorandum of understanding (MOU) with Singapore's Doxa Holdings International,…

#supply chain finance


ProCredit secures US$4.1m pre-seed round to bolster SME lending...

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


Xalts acquires dormant Contour Network to lead digital trade...

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 to increase SME financing to US$208m in 2024

Maybank has announced its plans to disburse approximately RM18bn (US$208.4m) in SME financing for the year 2024, marking a 13…

#sustainable financing


IFC and Thai Credit Bank partner to support women-owned...

To help increase access to finance for small businesses in Thailand, especially women-owned or led firms, IFC is providing an…

#bank#emerging markets#interest rates


ADB, Foreign Trade Bank of Cambodia partner to support...

The Foreign Trade Bank of Cambodia (FTB) has joined the Asian Development Bank’s (ADB) Trade and Supply Chain Finance Programme…

#supply chain finance


Validus secures strategic investment for SME financing in Vietnam

Singaporean fintech firm Validus Group is strategically addressing SME financing challenges in the region using data analytics, AI, and supply-chain…

#SME financing#SME lending#Validus


Mayer Brown boosts global trade and structured finance with...

Mayer Brown has announced that Janelene Chen has joined the firm's Banking & Finance practice as a partner in Singapore,…

#Mayer Brown


Singapore’s ipaymy launches innovative invoicing platform for SMEs

ipaymy, one of the leading Singapore fintechs specialising in B2B payments, has announced the launch of Fetch—a new invoicing platform…

#invoice management#smes


ChemOne signs US$300m non-recourse receivables finance facility with MUFG...

Singapore-based petrochemicals, green energy and natural resources conglomerate ChemOne Group, has signed a binding definitive facility agreement with MUFG Bank…

#bank#financial services#MUFG


FundSpace and BPC Lending partner to fund Philippine’s MSME

Fundspace, a loan aggregator startup under Globe Telecom Inc.'s corporate venture builder - 917Ventures, has partnered with BPC Lending Inc.…

#MSME finance

H&M and DBS bank join forces to finance decarbonization

H&M Group is taking a leadership position in establishing collaborative financing solutions that enable the necessary decarbonisation of fashion supply…

#DBS#supplier finance#sustainable financing

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