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Asia

Investree raises $231 million and expands to Qatar

Investree, an Indonesian B2B marketplace lending platform for Micro, Small and Medium Enterprises (MSMEs), has raised US $231m in a Series D funding round, bringing its total funds raised to approximately US $280m .This financial milestone has been made possible...

#Investree#lending platform#SME financing

WFY23: ‘Singapore’s factoring volume in 2023 saw an impressive...

The Singapore economy grew by 3.6 per cent in 2022, slower than the 8.9 per cent growth in 2021... (more…)

#Alan Wong#World Factoring Yearbook


Veefin Solutions partners with Tagit to power digitisation

Veefin Solutions Ltd., a global leader in Supply Chain Finance solutions, and Singapore based Tagit, a leading digital banking solutions…

#digitisation#supply chain finance#Veefin Solutions


Funding Societies raises US$27m to expand SME financing

Funding Societies | Modalku, the largest unified SME digital finance platform in Southeast Asia, announced it has successfully raised debt…

#digital finance#ESG#Funding Societies


ICBC launches SCF using RMB smart contracts

ICBC China’s biggest bank and e-commerce giant JD.com have worked together to develop a supply chain finance solution based on…

#ICBC#smart contracts#supply chain finance


WFY2023: ‘2022 was a recovery year for New Zealand’

The year 2022 was a recovery year for New Zealand after numerous nationwide and regional lockdowns due to Covid-19 that…

#World Factoring Yearbook


Lending to India’s MSMEs exceeding expectations

Lending to India’s micro, small and medium enterprises (MSMEs) is soaring and is increasing well beyond market expectations.  According to…

#MSME finance#SBI#securitisation


Indian IIFL Fintech Fund buys 51 per cent in...

IIFL Fintech Fund, part of IIFL Group, has invested INR 25 crore (US$3m) for a... (more…)

#supply chain finance


Indian CredAble announces worldwide expansion

India’s largest working capital platform, CredAble, has announced its strategic worldwide expansion into Singapore, the UAE, the United Kingdom, Australia,…

#CredAble#working capital


Mastercard partners with KredX to boost digital B2B payments

Mastercard has collaborated with KredX, a supply chain finance platform, to make B2B digital payments rewarding for both enterprises and…

#B2B payments#dynamic discounting#KredX


ADB, Deutsche Bank sign risk sharing agreement to boost...

The Asian Development Bank (ADB) and Deutsche Bank have signed a risk participation agreement to enhance access to financing for…

#ADB#Asian Development Bank#Deutsche Bank


Singaporean government agrees to allow their suppliers to benefit...

Kheng Leong Lee from Lendscape reports from GTR Asia event that ... (more…)

#assignment#funding#Lendscape

PSB Alliance, Veefin Solutions announce unified cloud-based platform for...

PSB Alliance, a company setup by all public sector banks in India, has partnered with Veefin Solutions... (more…)

#supply chain finance#Veefin Solutions

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