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Asia

IFC invests US$50m in City Bank to support SME...

IFC, a member of the World Bank Group, is investing US$50m in City Bank PLC to help SMEs in Bangladesh grow, create jobs, and boost economic recovery. On this occasion, an agreement signing ceremony was recently held at the head...

#City Bank#IFC#Mashrur Arefin

Yubi Group and India Factoring partner to provide modern...

End-to-end debt lifecycle company Yubi Group (Yubi) have entered a strategic partnership with India Factoring, one of the country’s leading…

#factoring#FCI#fintech


China unveils new measures to boost foreign trade

The State Council of China has approved a set of policies under the Several Policies and Measures to Promote the…

#export credit insurance#International Trade#trade credit insurance


BNI and Batumbu to enhance MSME supply chain financing

PT Bank Negara Indonesia (BNI) has joined forces with fintech platform Batumbu to expand financing access for MSMEs across Indonesia.…

#Batumbu#BNI#fintech


Maybank Cambodia unveils SME Export Finance Solution

Maybank Cambodia, in collaboration with USAID's Feed the Future Cambodia Harvest III and the Credit Guarantee Corporation of Cambodia (CGCC),…

#CGCC#export finance#Maybank


Funding Societies and TASConnect sign strategic partnership for SCF...

TASConnect (Malaysia) Sdn Bhd, a working capital solutions platform and Funding Societies, Southeast Asia digital finance platform for SMEs, has…

#Funding Societies#scf#TASConnect


M1xchange achieves double growth in H1FY25

M1xchange, India’s leading invoice discounting platform, has reported an impressive throughput of over ₹32,000 crore (US$3.85bn) in the first half…

#fintech#invoice discounting#invoice finance


ANZ partners with CitoPlus to transform SME loan applications

ANZ and CitoPlus have announced a strategic partnership – through ANZ's external innovation and investment partner, 1835i – to launch…

#ANZ#CitoPlus#digitisation


Finacity launches US$50m Lender Finance Program for VoloFin

Finacity Corporation, a White Oak Global Advisors company, has successfully structured a new Lender Finance Program for VoloFin Pte Ltd,…

#factoring#Finacity#fintech


Asialink Finance secures US$50M boost from ADB to power...

Asialink Finance Corp. (AFC) has secured a US$50m loan from the Asian Development Bank (ADB) to boost financing for small…

#ADB#AFC#MSME finance


Maybank and PracBiz partner for digital SCF

Maybank Singapore and Singapore-based digital supply chain platform PracBiz are collaborating for the bank to offer financing to qualified users…

#Alvin Lee#Maybank Singapore#Neo Teck Hoe


DBS Bank appoints Shilpa Gulrajani as Head of Sustainable...

DBS Bank has named Shilpa Gulrajani as its new Head of Sustainable Finance for Institutional Banking. Gulrajani joins from BNP…

#Managerial Appointments#sustainable finance

Finfra secures US$2.5m to increase embedded finance for Indonesian...

Finfra, an Indonesian embedded lending fintech, has successfully secured US$2.5m in a funding round led by Cento Ventures. This funding…

#embedded lending#Finfra#Markus Prommik

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