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Global technology investor Prosus has invested US$79.9m in Mintifi Pvt. Ltd, a Mumbai-based fintech company specialising in supply chain financing. This investment grants Prosus a 10.65 per cent stake in Mintifi, valuing the company at approximately US$750m. Mintifi, backed by...
#fintech#Mintifi#Prosus
IFC, a member of the World Bank Group, is investing US$50m in City Bank PLC to help SMEs in Bangladesh…
#City Bank#IFC#Mashrur Arefin
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
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
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, in collaboration with USAID's Feed the Future Cambodia Harvest III and the Credit Guarantee Corporation of Cambodia (CGCC),…
#CGCC#export finance#Maybank
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, 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 and CitoPlus have announced a strategic partnership – through ANZ's external innovation and investment partner, 1835i – to launch…
#ANZ#CitoPlus#digitisation
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 Corp. (AFC) has secured a US$50m loan from the Asian Development Bank (ADB) to boost financing for small…
#ADB#AFC#MSME finance
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 has named Shilpa Gulrajani as its new Head of Sustainable Finance for Institutional Banking. Gulrajani joins from BNP…
#Managerial Appointments#sustainable finance