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Asia

HSBC-backed start-up Seria to close

HSBC-backed B2B digital platform Serai have announced it would be winding down its operations as the company failed to make any money. Seria was founded in 2019 as a non-banking extension of HSBC’s global physical network and hence is a...

#B2B platform#digital#global trade

Turkish QNB Finansbank launches digital supplier finance product

QNB Finansbank have launched its supplier financing discounted collection product, which will facilitate the search for the financing of the…

#cash management#invoice#management


KredX expands to into post-shipment export financing

Indian supply chain finance platform KredX on Wednesday announced the expansion of its services into post-shipment export financing with KredX…

#financial services#international#International Trade


India Exim aims to kickstart export factoring by September

Export-Import Bank of India (India Exim) aims to launch export factoring services for micro and small to medium enterprises ...…

#bank#banks#emerging markets


121 Finance onboarded on all three TReDS platforms

India’s first digital NBFC (nonbank financial company), 121 Finance, has been onboarded on ... (more…)

#bank#Invoicemart#platforms


MatchMove acquires Shopmatic in US$200m deal

MatchMove, the global embedded finance firm, has acquired e-commerce specialist Shopmatic in... (more…)

#digital#e-commerce#financial services


‘Turkish factoring sector accounted for 2.9% of local GDP...

Turkey’s economic and social development since 2000 has been impressive, leading to increased employment and incomes and making Turkey an…

#international#invoice#purchase order


Coface publishes China Corporate Payment Survey 2022

Coface’s 2022 China Corporate Payment Survey[1] shows that fewer firms encountered payment delays... (more…)

#cash-flow#insolvencies#Paid


Exim Bank to launch export factoring business in India

To boost India's exports, Exim Bank plans to engage soon in export factoring business, providing SMEs with partial or full…

#Exim Bank


Factoring volume in Taiwan down 10% in 2020

Taiwan’s GDP growth in 2020 outperformed that of other Asian Tigers (i.e. Hong Kong, Singapore and South Korea), helped by…

#bank#exporters#international


Coface names new CEO for Asia-Pacific

Hugh Burke has been named the new CEO of Coface Asia-Pacific, effective from... (more…)

#AON#Executive Committee#trade


Trade finance fintech expands to India

After recent expansion into Mexico in February this year... (more…)

#Harbor

microLEAP and TheLorry partner for seamless Shariah-compliant invoice financing

microLEAP, the first Malaysian Shariah-compliant P2P (Peer-to-Peer) fintech platform for SMEs, has partnered with TheLorry, a tech-powered logistic platform, to…

#investment#invoice#smes

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