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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 of $1.5 million. The financing, led by a group of distinguished High-Net-Worth Individuals (HNIs) from the USA and India, along...

#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


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…

#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

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