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Asia

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 way businesses access financing. This product allows small businesses to pay interest only on the funds they use, offering a...

#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


ITFC and TKYB to support Turkey’s development and recovery

Investment Bank of Türkiye (TKYB) and the International Islamic Trade Finance Corporation (ITFC)  have signed a US $100m financing agreement…

#ITFC#supplier finance#sustainability


HKMA and HKAB launch taskforce to enhance SME lending

In a strategic move aimed at improving access to financing for small and medium-sized enterprises (SMEs), the Hong Kong Monetary…

#HKAB#HKMA#sme finance


RBI to launch technology platform for seamless credit access...

The Reserve Bank of India (RBI) is set to introduce a new technology platform aimed at providing frictionless credit access,…

#digitalisation#digitisation#fintech


CIMB Singapore unveils SME sustainability-linked loan programme

CIMB Singapore has introduced the SME Sustainability-Linked Loan/Financing Programme (SME SLL/SLF Programme) to provide SMEs with easier access to sustainable…

#ESG#sme finance#SME lending


Seylan Bank launches factoring services for businesses

Seylan Bank has expanded their financial services with ‘Seylan Factoring’, a tool that allows businesses to raise liquidity based on…

#Cash flow#factoring#Seylan Bank


Mynd IFSC launches M1NXT receivables financing platform

Mynd IFSC Pvt. Ltd. has received approval from the International Financial Services Centres Authority (IFSCA) to launch its International Trade…

#digital trade finance#India Factoring#IndusInd Bank


SBP doubles clean lending limit for SMEs to Rs10m

The State Bank of Pakistan (SBP) has doubled the clean lending limit for SMEs to Rs10m  (US$ 119,23k) in a…

#sme finance#State Bank of Pakistan

TKYB and ITFC sign US$100m financing agreement to support...

TKYB and ITFC sign US$100m financing agreement to support companies in the Turkey. The aim of the financing provided to the…

#ITFC#supply chains#sustainable development

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