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The Reserve Bank of India (RBI) announced on Thursday that they have proposed to enhance the National Automated Clearing House (NACH) mandate limit from Rs 1 crore to Rs 3 crore for settlements related to the invoice discounting mechanism for MSMEs...
#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
Credlix, the financing arm of Moglix – India, is a digital supply chain finance company... (more…)
#Credlix#Moglix#supply chain finance
Thai government is ready to relax the rules to facilitate small... (more…)
#supply chain finance
At Vidarbha Industries Association EXIM Forum event in Nagpur, India, which was focusing on exporters, Exim Bank of India informed…
#bank#emerging markets#exporters
The Shriram group plans to offer supply chain finance (SCF) and invoice discounting... (more…)
CapBay, a Malaysian multi-bank supply chain finance (SCF) and... (more…)
#CapBay#Kenanga#supply chain finance