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Asia

RBI rises NACH mandate limit to Rs 3 crore for...

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 team up to offer...

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 to launch TREDXonline, a digital factoring...

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 raises US$4m in seed round

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


Bangladesh Bank supports digital factoring

The Bangladesh Bank, (Central Bank of Bangladesh), has issued a guideline to allow an... (more…)

#Bangladesh bank


RBI India amends Factoring Regulation Act to allow more...

The Reserve Bank of India (RBI) has just announced the amendment of the Factoring Regulation Act... (more…)

#factoring act#Factoring Regulation Act


MonetaGo launches operations in Japan

MonetaGo announces the launch of operations in Japan... (more…)

#MonetaGo


“Several reforms turned out to be of significant help...

What a year, with each day bringing in new developments, said Ravi Valecha CEO of India Factoring and... (more…)

#exporters#insolvency#regulation


Credlix Singapore joins FCI

Credlix, the financing arm of Moglix – India, is a digital supply chain finance company... (more…)

#Credlix#Moglix#supply chain finance


Thailand launches supply chain finance initiative for SMEs

Thai government is ready to relax the rules to facilitate small... (more…)

#supply chain finance


Exim Bank India to support exporters with factoring and...

At Vidarbha Industries Association EXIM Forum event in Nagpur, India, which was focusing on exporters, Exim Bank of India informed…

#bank#emerging markets#exporters


Indian company to enter supply chain finance and invoice...

The Shriram group plans to offer supply chain finance (SCF) and invoice discounting... (more…)

#supply chain finance

Malaysian SCF provider secures US$7.11m funding from Kenanga Capital...

CapBay, a Malaysian multi-bank supply chain finance (SCF) and... (more…)

#CapBay#Kenanga#supply chain finance

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