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GXS Bank announced today that it has received regulatory approval to acquire Validus Capital Pte Ltd (Validus Capital), the Singapore subsidiary of Validus Investment Holdings Pte Ltd (Validus Group). This is the first such acquisition of a local financial technology...
#GXS Bank#Muthukrishnan Ramaswami#Nikhilesh Goel
Australian business lender Bizcap has officially launched its operations in Singapore, marking its fourth active market after Australia, New Zealand,…
#BizCap#sme finance
Haball (the Company), Pakistan’s leading supply chain financing and payments fintech, raises a US$52m pre-Series A funding round comprising equity…
#Haball#supply chain finance#Zayn VC
New data from Westpac has revealed that one-third (38 per cent) of businesses identify cash flow issues as one of…
#Cash flow#digital#invoice finance
MCB Bank Limited, through its Islamic banking division, has formed a strategic alliance with Fauree Tech Pvt. Ltd. to launch…
#Fauree#MCB Bank#scf
Vietnam’s factoring industry entered 2023 with high expectations, especially with regard to export factoring which is the mainstay of the…
#factoring#Le Ngoc Hieu#Nguyen Minh Anh
Yue Da International Holdings Limited (Yue Da International), through its wholly owned subsidiary Yueda Commercial Factoring, has announced a new…
#Yile Trading#Yue Da International#Yue Da International Holdings
Jindal Stainless, Indian top stainless steel producer, along with its subsidiary Jindal Stainless Steelway Limited, has acquired a 9.62 per…
#Anurag Mantri#Jindal Stainless#M1xchange
CredAble, India’s largest working capital technology platform, announced that it has successfully crossed INR 250 crore (US$29.14m) in trade receivables…
#CredAble#Manu Prakash#Pass-Through Certificates
Allianz Trade in Asia Pacific has appointed Wongi Kim as the new country manager for South Korea, effective April 1,…
#Allianz Trade#Andy Ryoo#Global Insolvency Report
BCR Publishing is pleased to announce that Nirav Choksi of CredAble has joined the Editorial Board of BCR News. Nirav…
#BCR News#BCR Publishing#CredAble
Vietnam will extend its Supply Chain Finance (SCF) Programme through 2030, building on the success of the first phase, according…
#IFC#SECO#State Bank of Vietnam
SML Isuzu Ltd., a specialised manufacturer of commercial vehicles, has entered into a strategic partnership with Bank of Baroda to…
#Bank of Baroda#invoice finance#SML Isuzu