Australia

Westpac has announced the launch of Business Link, an online supply chain management platform that it reports allows businesses to facilitate payments and manage international suppliers

Equity capital markets teams are preparing pitches for factoring company Scottish Pacific's potential initial public offer, with request for proposals expected to be sent out as early as Wednesday

FundX - an Australian fintech start-up - has launched a new online invoice finance platform, assisted by KPMG

Waddle has successfully partnered with Intuit’s Australian based QuickBooks Online. Intuit’s reported USD20bn market capitalisation was an attractive choice for the Fintech company to reportedly become the first lender accepted onto the apps.com store available to Australian users

Bigstone Capital, a start-up Australian loan market dedicated to working with small businesses, has recently partnered with the Interface Financial Group (IFG), one of North America’s alternative finance sources. Both companies have launched a Pacific region joint venture to provide invoice finance services to small business

HPD Software has announced that Gerald McLaughlin is relocating to the Sydney office and becoming part of the Aquarius Support Team in the APAC region

Debtor finance company Scottish Pacific has reportedly acquired the Australian operations of Bibby Financial Services.

Global debtor finance specialist Bibby has appointed a new state manager for NSW and ACT

Timelio, an Australian two-way online marketplace for invoice financing, has just closed a AUD500,000 funding round

Growth stumbles; SMEs put banking in too hard basket