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IntroductionChina’s factoring industry continued to grow at 22.85 per cent to reach EUR 577bn in 2022 across the entire banking and commercial factoring (non-bank) sectors, according to FCI estimation, even though China’s GDP in 2022 recorded the second lowest growth...
#Atradius#bank#management
Indian non-banking financial company (NBFC) Vivriti Capital, a specialist financier, has provided INR 400m (US$4.8m) receivables finance solution to Source.One,…
#supply chain finance
The year 2022 saw the emergence of another black swan event, i.e. the Ukraine – Russia geopolitical situation. Two back-to-back…
#India Factoring and Finance Solutions#Ravi Valecha
CredAble, India's largest working capital tech platform, announced a record-breaking milestone aggregate throughput worth US$8bn for the financial year 2023–24.…
#supply chain finance#working capital
On April 3, 2024, a notable shift occurred in the fintech sphere as Tat Yeen Yap bid farewell to his…
#Managerial Appointments
Turkey’s fintech platform Faturalab and eBebek, a trailblazer in the mother and baby products industry, have partnered as part of…
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 and DBS have signed a US$500m facility under IFC’s Global Trade Liquidity Programme (GTLP). The facility aims to promote…
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
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
Arqit Quantum Inc. (Arqit), and Vayana TradeXchange announce a partnership to use Arqit’s TradeSecure™ digital negotiable instrument technology to transform international…
#Arqit
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 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