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Veefin acquires EpikIndifi in US$14.9m deal, expanding digital lending

In its third recent acquisition, the Veefin Group of Companies has acquired EpikIndifi, a digital lending platform, in a cash and equity swap deal valued at approximately INR 125 crore (US$14.9m). The acquisition will introduce new revenue streams through digital...

#aquasition#digital lending#EpikIndifi

HABIBMETRO delivers enhanced SCF solution to Pak Suzuki

HABIBMETRO, a Pakistani subsidiary of Swiss bank Habib Bank AG Zurich,  has entered into a strategic partnership with Pak Suzuki…

#HABIBMETRO#Pak Suzuki#supply chain finance


Kredit Hero debuts in the Philippines, transforming SME financing...

Kredit Hero, Asia’s first AI-powered lending marketplace for small and medium-sized enterprises (SMEs), has expanded its operations to the Philippines,…

#AI#artificial intelligence#SME financing


WFY’24: ‘Factoring serves as vital tool for businesses in...

Factoring and invoice finance continued to grow in prominence in Australia’s financial ecosystem in 2023, serving as vital tools for…

#Australian Banking Association#Craig Michie#ScotPac Business Finance


IFC is investing up to US$50m in KMF to...

IFC is deepening its support for micro and small enterprises (MSEs) in Kazakhstan, with a particular focus on women entrepreneurs…

#Alain Nounke#IFC#KMF


Joint venture Olea receives MAS license

Olea, the joint venture of Standard Chartered and Chinese supply chain finance platform LinkLogis announces that the Monetary Authority of…

#LinkLogis#Monetary Authority of Singapore#Olea


M1xchange partners with NPCI Bharat PillPay Ltd

M1xchange, India’s TReDS (Trade Receivables Discounting System) platform, has announced its partnership with NPCI Bharat BillPay Ltd. to integrate M1xchange…

#M1xchange#Noopur Chaturvedi#NPCI Bharat BillPay


RXIL Global IFSC Limited welcomes Unmesh Partiwala as new...

RXIL Global IFSC Limited is pleased to announce the appointment of Mr. Unmesh Partiwala as the company’s new Chief Executive…

#fintech#Managerial Appointments#RXIL Global IFSC


CredAble unveils flexible credit line for MSMEs

At the Global Fintech Fest (GFF 2024), CredAble introduced Revolving Short-Term Loans, a new credit line designed to change the…

#CredAble#Financial technology#sme finance


Validus secures US$50m from HSBC to drive MSME lending...

Validus, a Singapore-based SME digital lending platform, has secured US$50m in funding from HSBC under the ASEAN Growth Fund strategy.…

#Batumbu#digital finance#fintech


Tradewind Finance supports Indian seafood exporter with working capital...

Tradewind Finance, an international trade finance company, has completed a USD 0.9m credit facility for an Indian seafood exporter specialising…

#Akash Kanungo#Indian seafood exporter#receivables finance


PayMate partners with NBBL to launch BBPS-B2B platform

PayMate, India’s leading digital B2B payments company, has announced its partnership with NPCI Bharat BillPay Ltd. (NBBL) to launch the…

#Bharat Bill Payment System#invoice finance#NPCI Bharat BillPay

Cygnet.One partners with Ratnaafin to revolutionise digital invoice finance...

Cygnet.One, a company that empowers organisations to achieve business process digital transformation, has partnered with Ratnaafin a non-banking financial company…

#Cugnet BridgeCash#Cygnet.One#Malav Desai

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