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Validus today announced that it has entered into an agreement with Citigroup in Singapore (Citi) to acquire its CitiBusiness loan portfolio in Singapore, in a move that will bolster Validus’ top line revenue, customer base, and expand its growing loan...
#Validus
VoloFin, a blockchain-powered fintech platform with operations in Singapore, USA, and India announces strategic partnership with US-based alternative asset management…
#supply chain finance#Volofin
Xpedize, a supply chain finance provider, has just announced that... (more…)
#Clear#supply chain finance#Xpedize
Based on the Indian market potential, M1xchange, one of the TReDS online platform for discounting trade receivables, is planning to…
#M1xchange#trade receivables finance
Merchant Bank of Sri Lanka & Finance PLC (MBSL) recently signed an agreement with ... (more…)
#receivables management
China's central bank and top banking regulatory agency are about to review the 25-year-old regulations related to commercial acceptance bills.…
#bank#banks#Bill
Businesses with turnover of over INR 20 crore (US$2.6m) will have to produce electronic invoice for B2B transactions from April…
#e-invoices#electronic invoice#frauds
Clear (formerly known as ClearTax), an Indian fintech company, announced today that it has launched invoice discounting for local MSMEs.…
#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