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Asia

MAS launches trade finance pilot

The Monetary Authority of Singapore (MAS) announced today that the first industry pilot under MAS’ Project Guardian [1] that explores potential decentralised finance (DeFi) applications in wholesale funding markets has completed its first live trades. More industry pilots have been...

#DBS Bank#JP Morgan#JP Morgan

KredX lands US $15.6m in pharma export deal

India’s KredX supply chain financing platform, announced its first global trade export deal of annualised transaction valuing US $15.6m on…

#KredX#supply chain finance


Pakistani bank and Coca-Cola in tie-up with Islamic fintech

Pakistan’s Meezan Bank has joined with Coca-Cola Beverages Pakistan to launch a digital lending platform in partnership with Haball, an…

#digital platform#Haball#Omer Bin Ahsan


Citi appoints new Asia Pacific Trade Head

Citi Treasury and Trade Solutions has appointed Kanika Thakur as Asia Pacific Trade Head with immediate effect.Based in Hong Kong,…

#digitisation#Managerial Appointments


Beams Fintech Fund invests in supply chain finance firm...

Beams Fintech Fund had invested in the Series C round of Progcap... (more…)

#Progcap#supply chain finance


Singapore Bank launches AI-based financing solution for SMEs

Singapore based DBS Bank is launching an additional financing solution, DBS Quick Finance, to address the unmet working capital needs…

#AI#DBS Bank#working capital finance


India’s Clear launches accounts payables digitisation tool

Clear, one of India's leading fintech SaaS firms, today announced the launch of ClearCapture, an AI-based end-to-end solution for enterprises…

#accounts payable#Archit Gupta#Clear


Pegadaian and Loan Market to cooperate for digital invoice...

Loan Market and Pegadaian announced that they will cooperate to develop digital lending platforms... (more…)

#guarantees#invoice#platforms


IDBI Bank partners with Vay Network for digital supply...

IDBI Bank, India and Vay Network Services, a local supply chain finance (SCF) platform, have signed a... (more…)

#supply chain finance


Singapore’s GIX to launch TVM$ token for factoring

Singapore-based GIX's Global Invoice Exchange platform is set to launch native token TVM on the 10th of October 2022 with…

#blockchain#digitalisation#supply chain finance


Bank Alfalah and Haball to launch digital supply chain...

Bank Alfalah has announced a partnership with Haball, a B2B payments aggregator catering to Shariah-compliant clients, to launch digital supply…

#B2B payments#Bank Alfalah#Haball


DBS Bank forwards insurance-backed invoce discounting in India

DBS Bank India Limited has announced that it provided a bespoke Credit Insurance - Accounts Receivable solution to Tata Metaliks,…

#Atradius#DBS Bank#receivables discounting

Malaysian CIMB Group doubles sustainable finance target

CIMB Group Holdings Berhad strengthened its sustainability commitment by doubling its sustainable finance target to RM60 billion by 2024 “under…

#CIMB#ESG#sustainable finance

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