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Spenda sells AU$2m invoice book to Grapple to unlock...

Spenda Limited has signed an agreement to sell its invoice finance loan book (managed by its subsidiary, Spenda Cash Flow Pty Ltd) to Grapple Invoice Finance Fund Pty Ltd for a total of AU$2m. This move is part of Spenda’s...

#Grapple#invoice finance#Spenda

Shengye integrates DeepSeek AI to enhance supply chain finance

Shengye Holdings Group Limited  (Shengye) a leading supply chain technology platform in China, has announced the integration of its self-developed…

#AI#DeepSeek#Shengye


ABS launches digital tool for banks to verify BL...

The Trade Finance Registry (TFR) and SGTraDex today launched their collaboration on the Bill of Lading (BL) Genuineness Check –…

#Association of Banks in Singapore#Bill of Lading#trdae finance


HKMA to launch CNY 100bn trade finance facility

The Hong Kong Monetary Authority (HKMA) has announced plans to introduce a CNY 100bn (US$13.7bn) funding facility at the end…

#HKMA#supply chain#swift


Netbank partners with Jia Financing to expand invoice finance...

Netbank has formed a strategic partnership with fintech innovator Jia Financing to streamline loan distribution for small and medium enterprises…

#invoice finance#Jia financing#Netbank


CredAble’s NBFC joins SIDBI’s CGTMSE as a member lending...

In a landmark move to enhance credit availability for micro and small enterprises (MSEs), the Ministry of micro, small, and…

#CGTMSE#CredAble#NBFC


MonetaGo appoints Kalyan Basu as Managing Director for India

MonetaGo, a global leader in fraud prevention technology for financial institutions, is pleased to announce that Mr. Kalyan Basu has…

#Fraud Prevention#Managerial Appointment#MonetaGo


Egypt’s Halan Microfinance to expand operations in Pakistan

Following its acquisition of Advance Microfinance Bank in March last year, Egypt-based fintech Halan Microfinance Bank has announced plans to…

#fintech#Halan Microfinance#microfinance


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…

#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

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