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Invoicemart reached INR 10bn invoice finance milestone

Invoicemart, India’s largest Trade Receivables Discounting System (TReDS) platform, has witnessed exponential growth in invoice financing volumes in the last years. The company has just announced it has reached the milestone of INR 10bn (US$120m) invoice financed on their platform, consolidating their...

#invoice#Invoicemart#receivables

Coface: Payment delays in China continued to shorten, but...

Coface releases today the resulats of its survey on corporate payment behaviour in China.Coface's survey on payment behaviour shows that…

#invoice#management#payment delays


Federal Bank and WaveBL complete first digital export collection...

Federal Bank and WaveBL have jointly announced the successful completion of India's first-ever single-bank digital export collection bill transaction. WAVE…

#blockchain#eBL


ADB approves US$100m loan to boost SME access to...

The Asian Development Bank (ADB) has approved a US$100m loan to provide SMEs in Sri Lanka more access to finance…

#ADB#guarantees


Standard Chartered extends Guide to Payment Regulations with eight Asian...

Following Standard Chartered first edition of Guide to Payment Regulations, which was launched last September and outlines the prevailing regulatory frameworks…

#Philip Panaino


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


Muthoot FinCorp and Veefin Solutions collaborate on supply chain...

Muthoot FinCorp, a prominent non-banking finance company (NBFC) in India boasting nearly 3600 branches, has enlisted Veefin Solutions as its…

#supplier finance#supply chain finance#Veefin


Cashinvoice and SBI Global Factors join forces to enhance...

Cashinvoice, a digital supply chain finance platform, has partnered with SBI Global Factors Limited, India’s premier factoring provider, to expand…

#Arun Poojari#supply chain finance


India’s Small Finance Banks set to raise over US$1.2bn...

Securitisation fundraising by small finance banks (SFBs) in India is anticipated to surpass Rs 10,000 crore (US$1.2bn) in FY2024, soaring…

#SME lending


IBSFINtech secures $1.5m pre-series A funding to drive global...

IBSFINtech, a global treasury, risk, trade finance, and supply chain finance management company, has successfully secured a pre-series A round…

#digitisation#management#Oracle


Veefin and FinnUp unite to bolster SCF-enabled SME lending...

Veefin Solutions proudly announces its latest addition to its clientele in the Indian fintech sector: 'FinnUp,' a versatile multi-lender platform.…

#SME lending#supply chain finance#Veefin


Prime Bank pioneers two-factor international factoring in Bangladesh

Prime Bank has achieved a significant milestone as the first local bank in Bangladesh to successfully execute an international factoring…

#edifactoring

Mahindra Finance forms SME-focused co-lending partnership with Lendingkart

Mahindra & Mahindra Financial Services (MMFSL), part of the Mahindra Group, has announced a collaboration with Lendingkart, a fintech company.This…

#lending platform

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