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Crédit Agricole CIB teams up with Demica for APAC...

Crédit Agricole Corporate and Investment Bank (CIB) has collaborated with UK-based fintech Demica to launch a new receivables and supply chain finance (RSF) platform to address the growing demand for supply chain finance in APAC.The newly introduced Optim Receivables and...

#Credit Agricole#Maurice Benisty#receivables

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


CredAble and SBI Global Factors partner for tech driven...

CredAble, a leading FinTech player in supply chain finance and SBI Global Factors Ltd. (SBIGFL), India’s premier factoring company, announced…

#supply chain finance


ITFC and Asia Alliance Bank sign US$10m agreement to...

The International Islamic Trade Finance Corporation (ITFC) and Asia Alliance Bank have inked an agreement to bolster trade financing for…

#bank#international#management


WFY’23: Turkish factoring sector accounted for 2,77 per cent...

The Turkish economy expanded by 5.6 per cent in 2022, according to the Turkish Statistical Institute (TurkStat), according to Filiz…

#international#invoice#purchase order


India’s M1xchange set to double its volume again

M1xchange, one of India’s TReDS platforms, which almost doubled its business volumes to INR 43,000 crore/INR 45,000 crore (US$5.18bn/US$5.42bn) for…

#Sundeep Mohindru


Kimiwa Saddat appointed Managing Director of Meghna Bank

Kimiwa Saddat has assumed the role of Managing Director (Current Charge) at Meghna Bank PLC, effective today, Sunday, February 11,…

#corporate finance#Managerial Appointments


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


Micro Connect and HSBC sign up to US$200m ABL...

Micro Connect, which connects global capital with micro and small businesses, announced the signing of a syndicated asset-backed loan (ABL)…

#asset based finance#Charles Li#Micro Connect


Cashinvoice raises US3.4m new funding to expand business

Supply chain financing platform Cashinvoice has raised US$3.4m (INR 28.2 crore) in a Series A funding round. The funding round…

#CashInvoice#HDFC Bank#supply chain finance

Micro Connect secures $200m syndicated loan with HSBC for...

Financial technology startup Micro Connect, with backing from prominent figures like Hong Kong property tycoon Adrian Cheng and billionaire Li…

#Charles Li#Micro Connect

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