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Clear (formerly known as ClearTax), an Indian fintech company, announced today that it has launched invoice discounting for local MSMEs. The new product will be available for company existing clients that exceeds 3000 firms. In India, according to Clear’s research...
#banks#GDP#GST
TEB Factoring has announced that Gulumser OZGUN HENDEN is named General Manager effective from beginning of January, replacing Cagatay BAYDAR who is…
#bank#Cagatay Baydar#innovation
Artfine, a specialist supply-chain financing firm has partnered with Receivables Exchange of India Ltd. (RXIL) to finance invoice factoring for…
#digital#discounting platform#invoice
Standard Chartered Bank Korea signed two environmental, social and governance (ESG)-related supply chain financing (SCF) deals of US$100m and US80m with…
#bank#management#receivables
Due to the impact of the pandemic, providing liquidity to Indian MSMEs is considered an urgency. In order to improve…
#SMEs finance
The Reserve Bank of India (RBI) announced on Thursday that they have proposed to enhance the National Automated Clearing House (NACH)…
#bank#invoice#platforms
Dana Fintech and Merchant Bay announced a partnership to offer digital lending for SME of readymade garment (RMG) factories.The partnership…
#digital invoice finance
Think Big Solutions Limited, a new fintect, will launch in Bangladesh the first integrated digital invoice market platform, called TREDXonline.…
#factoring platform#TREDX
Indian working capital start-up Reevoy has raised US$4m in seed round led by 9Unicorns and VCAT. According to the company,…
#Reevoy#working capital
The Bangladesh Bank, (Central Bank of Bangladesh), has issued a guideline to allow an... (more…)
#Bangladesh bank
The Reserve Bank of India (RBI) has just announced the amendment of the Factoring Regulation Act... (more…)
#factoring act#Factoring Regulation Act
MonetaGo announces the launch of operations in Japan... (more…)
#MonetaGo
What a year, with each day bringing in new developments, said Ravi Valecha CEO of India Factoring and... (more…)
#exporters#insolvency#regulation