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Veefin acquires TradeAssets to expand trade finance solutions

Veefin Group, a Mumbai-based fintech specialising in supply chain finance and digital lending solutions, has acquired Dubai-based TradeAssets through its subsidiary Estorifi Solutions. This marks Veefin’s fifth acquisition in eight months, reinforcing its position as a one-stop solution in trade...

#aquasition#supply chain finance#Trade Assets

Allied Bank and Fauree Tech partner to enchace SCF...

Allied Bank has entered a strategic partnership with Fauree Tech Pvt. Limited, a leading fintech company specialising in supply chain…

#digital solutions#sme finance#supply chian finance


NDB Bank launches TradeLinc for supply chain finance

NDB Bank has launched TradeLinc, a new in-house platform designed to provide Sri Lankan businesses with supply chain financing (SCF)…

#digital SCF platform#fintech#NDB Bank


WFY’24: New Zealand factoring market records 25% increase in...

The year 2023 was a year when the invoice finance industry in New Zealand had some good growth of approximately…

#Craig Brown#Lock Finance#World Factoring Yearbook


Trafigura secures US$1bn receivables and prepayment finance facility

Trafigura, a market leader in the global commodities industry, today announces the closing of its inaugural uncommitted discounted facility of…

#invoice discounting#invoice finance#receivables finance


AIRA Factoring and NEC to launch digital SCF platform

In continuation of the Memorandum of Understanding (MOU) signed between NEC Corporation Thailand (NEC) and AIRA Factoring Public Company Limited…

#AIRA Factoring#digital SCF platform#NEC Corporation


KredX receives RBI approval to launch DTX, TReDS platform

KredX, India’s leading supply chain finance platform, has received the Reserve Bank of India’s (RBI) final approval to commercially launch…

#Anurag Jain#KredX#Manish Kumar


Vesync expands HSBC receivables facility to US$90m

Vesync Co., Ltd., a leading home appliance retailer headquartered in Hong Kong, has amended its Receivables Discounting Agreement with HSBC.…

#HSBC#invoice discounting#invoice finance


SC Ventures launches Labamu to empower SMEs in APAC

SC Ventures, the fintech investment and incubation arm of Standard Chartered, has officially launched Labamu, an innovative invoicing and billing…

#embedded banking#fintech#Standard Chartered


BillMart and Eqaro partner to boost trade finance solutions...

Indian SCF provider BillMart Fintech Private Limited (BillMart) and financial guarantees firm Eqaro Guarantees (Eqaro) have announced a strategic partnership…

#BillMart#Eqaro#trade finance


WFY’24: Indian factoring volume witnessed growth of 48% in...

“The only thing we can count on is uncertainty” – Albert Einstein (source Google). Ravi Valecha, CEO, India Factoring and…

#factoring#global trade finance#India Factoring and Finance Solutions Pvt Ltd


Indian SCF provider Quid Cash raises US$4.5m new capital

Indian supply chain finance fintech QuiD Cash has raised US$4.5m (around INR 382.3m) in a Pre-Series A funding round. The…

#Piyush Jain#QuiD Cash#supply chain finance

CIMB and PayNet partner to support automatic e-invoice generation...

CIMB Bank Berhad (CIMB), in partnership with Payments Network Malaysia (PayNet), introduced Malaysia’s first payment terminal with automated e-invoice capability.…

#Azrul Fakhzan Mainor#Bank Negara#CIMB

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