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India’s TMB partners with Jocata to digitalise MSME lending

Tamilnad Mercantile Bank (TMB), a private sector lender, has collaborated with Jocata, a FinTech platform provider, to offer digital-first lending products to its growing customer base.TMB will leverage Jocata’s low-code Digital Lending Platform (DLP) to drive its digital transformation strategy,...

#digitalisation#SME lending

Infor Nexus and DBS Bank launch pre-shipment finance...

Infor Nexus™, a NY headquartered multi-enterprise, supply chain network, and DBS Bank have extended their partnership to launch a pre-shipment financing solution…

#DBS Bank#Infor Nexus#SME lending


US GoLogiq to acquire SME lending platform in Vietnam

GoLogiq, a US-based provider of FinTech and consumer data analytics, has announced plans to acquire Fram Venture 7 AB, a…

#lending platform#SME lending#working capital finance


Spacenet India to increase stake in BillMart.com

The board of Spacenet Enterprises India Ltd (spacenet), a global fintech enterprise, has approved to increase its investment in BillMart.com,…

#supply chain finance


MUFG, SDM close first Islamic green facility

MUFG Bank (Malaysia), a subsidiary of Mitsubishi UFJ Financial Group (MUFG), has... (more…)

#green finance#MUFG#working capital


Exim Bank India launches factoring subsidiary in GIFT city

Exim Bank India has launched a factoring subsidiary at the Gujarat International Financial Tec City (GIFT City) to offer export…

#factroing


CredAble partners with GRIP Invest to create new securitisation...

CredAble, an Indian supply chain finance fintech, partners with... (more…)

#securitisation#supply chain finance


Contour adds Japan’s MUFG to its network

Contour, the leading digital trade finance network, announced today that the Singapore office of MUFG Bank (MUFG), Japan’s premier bank…

#Carl Wegner#Contour#digital


Japan’s Suruga Bank partners with OLTA to roll out...

OLTA, a Tokyo-based factor, has announced a new collaboration with Suruga Bank Co Ltd. to introduce "Suruga Cloud Factoring powered…

#OLTA#online factoring


Adani New Industries Limited raises US$394m trade finance from...

Adani New Industries Ltd has raised US$394m (INR 3,231 crore) working capital from ... (more…)

#Deutsche Bank


Uzbekistan estimated to have US$1.93bn factoring potential

Uzbekistan has approximately US$1.93bn potential for factoring, according to a release from Trend News Agency. This factoring volume is calculated…

#ADB

UpCap launches invoice discounting for Indian businesses

The Indian fintech platform, UpCap, has launched its first product, called ... (more…)

#funding gap#supply chain finance

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