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The Trade Receivables and Discounting System (TreDs), begun in 2014, has not really taken off. A platform that essentially discounts the bills receivable of a supplier and recovers the sum from the buyer at a later date, this facility was...
#bank#platforms#supply chain finance
TikTok’s parent ByteDance has established a factoring service which will offer financing... (more…)
#Boost#guarantees#Upstream
Investor aversion and strained government finances could complicate the... (more…)
#banks
Indian SMEs financier Drip Capital has crossed the ... (more…)
#Drip Capital
Alami Technologies, a sharia fintech platform based in Indonesia, announced that it has raised over... (more…)
#Alami#banks#funding
The blockchain and AI solutions company, BirthVenue Growth Solutions, was announced as... (more…)
#blockchain
Financing options for micro-small-medium-enterprises (MSMEs) is set to undergo a... (more…)
#bank#International Trade#invoice
Tally Solutions, India’s business management software provider, has announced it... (more…)
#e-invoices#international#invoice
The non-banking financial company (NBFC) sector rebounded in the first six months of FY21... (more…)
#NBFC
India-based PayMate has launched its invoice discounting solution to offer before-due-date payment... (more…)
#PayMate
Contour, the global trade finance network, has today announced a completed pilot transaction between... (more…)
#Contour
The small businesses are the growth engines of the Indian economy, contributing 30% ... (more…)
#SMEs finance
Standard Chartered (the Bank) today announced that it became the first bank in Singapore to enable access of... (more…)
#API#bank#guarantees