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Asia

ArcelorMittal venture executes India’s first ‘paperless bill discounting transaction’

ArcelorMittal Nippon Steel, a joint venture between ArcelorMittal and Japan's Nippon Steel... (more…)

#bank#digital#ICICI Bank

Indian fintech starts invoice discounting and expands to Saudi...

PayMate, an Indian business-to-business payment fintech firm, has announced... (more…)

#PayMate


Credit gap of Indian MSMEs is estimated at US380bn

The second wave of the pandemic, which exposed weaknesses of MSMEs... (more…)

#credit gap#receivables discounting


Indian invoice factoring start-up raises seed round led by...

In order to scale its technology and sales capabilities ... (more…)

#Reevoy


Standard Chartered launches new sustainable supply chain benchmarking tool

Companies can now benchmark the resilience and sustainability of their... (more…)

#Standard Chartered Bank


Invoice discounting increased strongly on Indian TReDS during Covid

It was only during the Covid pandemic that TReDS saw an increased interest from corporates and MSMEs. Hit hard by…

#bank#invoice#platforms


Amazon leads US$10m financing in M1xchange to support invoice...

Amazon has led a US$10m financing round in M1xchange, an online invoice... (more…)

#Amazon


More than 1,500 companies registered on TReDS

The Reserve Bank of India (RBI)-regulated bill discounting mechanism ... (more…)

#bank#invoice#Invoicemart


Indian bank partners with a fintech to offer supply...

Bengaluru-based Ujjivan Small Finance Bank (SFB) has entered into a strategic partnership with ... (more…)

#Progcap


Blockchain-based trade finance platform raises US$1.2m funding

With the mission to shape the future of trade finance... (more…)

#blockchain#smes#trade


HSBC Singapore carried out two transactions under GTF framework

HSBC Singapore has successfully concluded two transactions under the... (more…)

#global trade#MAS#receivables


Contour adds SMBC to digital trade network

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has become the latest institution to join... (more…)

#Contour#Letters of Credit#SMBC

Two ABS projects of Ant’s Huabei, Jiebei are terminated

Two asset-backed securitisation (ABS) projects under ... (more…)

#Ant Financial#financial services#securitisation

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