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Federal Bank and WaveBL have jointly announced the successful completion of India's first-ever single-bank digital export collection bill transaction. WAVE BL offers an innovative blockchain-based solution facilitating the digital transfer of all trade documents while preserving their uniqueness and authenticity.This...
#blockchain#eBL
The Asian Development Bank (ADB) has approved a US$100m loan to provide SMEs in Sri Lanka more access to finance…
#ADB#guarantees
Following Standard Chartered first edition of Guide to Payment Regulations, which was launched last September and outlines the prevailing regulatory frameworks…
#Philip Panaino
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, 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, 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
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, a global treasury, risk, trade finance, and supply chain finance management company, has successfully secured a pre-series A round…
#digitisation#management#Oracle
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 has achieved a significant milestone as the first local bank in Bangladesh to successfully execute an international factoring…
#edifactoring
Mahindra & Mahindra Financial Services (MMFSL), part of the Mahindra Group, has announced a collaboration with Lendingkart, a fintech company.This…
#lending platform
Crédit Agricole Corporate and Investment Bank (CIB) has collaborated with UK-based fintech Demica to launch a new receivables and supply…
#Credit Agricole#Maurice Benisty#receivables
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