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
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
APositive Workforce Finance has launched its new-look website www.apositive.com.au, a digital hub that allows startups, emerging and established businesses to access invoice finance and payroll funding online
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 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
Waddle, the invoice financier, has announced that it has completed its first successful round of funding, securing AUD30m from an Australian private investment group
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