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ASEAN

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 designed to empower SMEs to get paid faster and on-time in Singapore, Hong Kong SAR, Malaysia and Australia.Grappling with timely...

#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


Asialink Finance to employ CIBI’s credit scoring solutions

Asialink Finance Corp., a financing firm focused on micro, small and medium enterprises (MSMEs), has tied up with credit risk…

#credit risk management#credit scoring


MAS partners industry to develop generative AI risk framework...

The Monetary Authority of Singapore (MAS) today announced the successful conclusion of phase one of Project MindForge [1] which seeks…

#AI#Monetary Authority of Singapore#risk


SME Corporation Malaysia and Funding Societies to provide US$1.27m...

SME Corporation Malaysia (SME Corp.), an agency under the Ministry of Entrepreneur and Cooperatives Development (MECD) and Funding Societies, a…

#Chai Kien Poon#Funding Societies#MSME finance


DBS launches new finance solution for SMEs to advance...

DBS today announced a first-of-its-kind hybrid financing solution to help small and medium enterprises (SMEs) access a wider pool of…

#DBS#sustainability


ADB approves US300m finance to increase access to financial...

The Asian Development Bank (ADB) has approved a US$300m policy-based loan to support the ... (more…)

#Asia Development Bank#financial inclusion#financial services


Investree raises $231 million and expands to Qatar

Investree, an Indonesian B2B marketplace lending platform for Micro, Small and Medium Enterprises (MSMEs), has raised US $231m in a…

#Investree#lending platform#SME financing


WFY23: ‘Singapore’s factoring volume in 2023 saw an impressive...

The Singapore economy grew by 3.6 per cent in 2022, slower than the 8.9 per cent growth in 2021... (more…)

#Alan Wong#World Factoring Yearbook


Veefin Solutions partners with Tagit to power digitisation

Veefin Solutions Ltd., a global leader in Supply Chain Finance solutions, and Singapore based Tagit, a leading digital banking solutions…

#digitisation#supply chain finance#Veefin Solutions

Funding Societies raises US$27m to expand SME financing

Funding Societies | Modalku, the largest unified SME digital finance platform in Southeast Asia, announced it has successfully raised debt…

#digital finance#ESG#Funding Societies

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