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Asia

CredAble achieves record-breaking $8bn throughput in FY23-24

CredAble, India's largest working capital tech platform, announced a record-breaking milestone aggregate throughput worth US$8bn for the financial year 2023–24. The company maintains an industry-leading average invoice period accelerated by 73 days, with over 2.5 million invoices processed on its...

#supply chain finance#working capital

Tat Yeen Yap leaves Monetago

On April 3, 2024, a notable shift occurred in the fintech sphere as Tat Yeen Yap bid farewell to his…

#Managerial Appointments


Faturalab and eBebek collaborate to transform supply chain financing...

Turkey’s fintech platform Faturalab and eBebek, a trailblazer in the mother and baby products industry, have partnered as part of…

#supply chain finance


ComBank joins forces with IFC to enhance SCF in...

The Commercial Bank of Ceylon (ComBank), based in Sri Lanka, has recently announced a new partnership with the International Finance…

#SME lending#supply chain finance


IFC’s groundbreaking GTLP partnership with DBS Expands trade financing...

IFC and DBS have signed a US$500m facility under IFC’s Global Trade Liquidity Programme (GTLP). The facility aims to promote…

#supply chain finance


Turk Eximbank provided €140m loan under insurance of ...

Turk Eximbank has signed a 10-year term resource agreement with an amount of €140m from a consortium of banks under…

#exporters#exports#financial institution


HKMA introduces nine measures to support SMEs

The following is issued on behalf of the Hong Kong Monetary Authority (HKMA):The Hong Kong Monetary Authority (HKMA), together with…

#bank#management#SME financing


Vayana TradeXchange partners with Arqit to transform trade finance

Arqit Quantum Inc. (Arqit),  and Vayana TradeXchange announce a partnership to use Arqit’s TradeSecure™ digital negotiable instrument technology to transform international…

#Arqit


Zoth expands on-chain trade finance in Southeast Asia with...

Zoth, a real-world assets (RWA) protocol that bridges traditional finance with on-chain finance has successfully scaled its on-chain trade finance…

#blockchain


Ujjivan SFB partners with Veefin for enhanced MSME supply...

Ujjivan Small Finance Bank (Ujjivan SFB) has entered a strategic partnership with Veefin Solutions, a supply chain finance (SCF) solutions…

#Raja Debnath#supply chain finance#Veefin


South Korea announces $190bn boost in trade insurance to...

The Ministry of Trade, Industry, and Energy has declared an unprecedented injection of KRW255tn (US$190bn) into trade insurance this year,…

#exports#guarantees#smes


Malayan insurance teams up with Atradius for trade credit...

Malayan Insurance Co. Inc., a Philippine non-life insurance firm, has teamed up with Dutch Atradius Credito y Caucion S.A. de…

#Atradius

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…

#BNPL

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