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Australasia

Westpac launches digital invoice finance solution

New data from Westpac has revealed that one-third (38 per cent) of businesses identify cash flow issues as one of their biggest operational challenges with 45 per cent reporting lost time chasing late payments[1]. Westpac today announced the launch of...

#Cash flow#digital#invoice finance

Spenda completes the sale of its invoice finance portfolio

Spenda Limited (Spenda or the Company), an Australian software company with embedded electronic payment solutions for supply chains and trading…

#Graple Invoice Finance#invoice finance#Spenda


Bizcap joins AFG’s lending panel, expanding SME finance options

Bizcap has officially joined the Australian Finance Group’s (AFG) lending panel, enhancing the range of funding solutions available to brokers…

#AFG#Australian Finance Group#BizCap


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…

#Grapple#invoice finance#Spenda


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


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


Ebury opens New Zealand office bringing essential competition to...

Ebury, one of the world’s fastest-growing global fintechs, has opened its first office in Auckland, New Zealand. With this strategic…

#cash management#fintechs#international


Rapital launches to address Australian SME funding gaps

Rapital is set to transform the financial landscape to support both brokers and SME businesses facing difficulty in securing funding…

#Rapital#sme finance


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


WFY2023: ‘2022 was a recovery year for New Zealand’

The year 2022 was a recovery year for New Zealand after numerous nationwide and regional lockdowns due to Covid-19 that…

#World Factoring Yearbook


Xero announces CEO succession

The Board of Xero Limited announces the appointment of Sukhinder Singh Cassidy as Xero’s new CEO, from 1 February 2023.…

#i


BNZ and Waddle launch digital invoice finance partnership

Bank of New Zealand (BNZ) and Waddle partner to launch a new digital invoice financing product for B2B, called CashFlow Plus.The…

#bank#digital#invoice

FundFlow New Zealand launches invoice finance

FundFlow, a division of Jamar Finance Limited, started to offer... (more…)

#B2B finance#cash-flow#funding

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