Invoice finance fintech adds to its team

FundX, a marketplace invoice financing platform, has added a new veteran hire to its ranks, securing the services of Phil Foweraker as its new Business Development Manager with immediate effect

CBA trials blockchain for invoice finance

The Commonwealth Bank of Australia (CBA) has reported that it has successfully used "smart contracts" to execute invoice financing documents and letters of credit with 14 other global banks financing international trade

Software companies partner to enhance accounts receivables

Payments technology company IntegraPay has announced that it has teamed up with cloud-based collections automation business ezyCollect to accelerate accounts receivables recovery for small businesses using the Xero accounting platform

CML Group to focus on receivables financing

CML Group Ltd has announced that it will be selling its non-core payroll business, Lester Associates for $3.5 million in cash and focus on the growth of its receivables finance business

Invoice financier receives AUD30m funding

Waddle, the invoice financier, has announced that it has completed its first successful round of funding, securing AUD30m from an Australian private investment group

Waddle finds new partner

Waddle, the Australian invoice finance provider, has announced a partnership with cloud-based SME accounting firm...

Debtor finance market picked up in 2015

The Debtor and Invoice Finance Association has reported that after recording little or no growth since 2012, the debtor finance market made modest gains last year