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Eastern Europe

European Commission quadruples Polish Scheme budget for state factoring...

The European Commission has approved modifications, including a budget increase of €5.1bn to an existing Polish scheme to support companies across sectors in the context of Russia's invasion of Ukraine. The amendments were approved under the Temporary Crisis Framework. On...

#European Commission

AMFS launches digital factoring

As the global economy is entering a period of increasing interest rates and pushing for longer payment terms, Bulgarian fintech…

#digital factoring


Czech logistics invoice financier receives €18m investment to expand

4Trans, a Prague-based invoice financier for logistic industry, has raised €18m investment... (more…)

#4Trans


Banks to support exporters with factoring in Belarus

Belarusian Finance Minister Yuri Seliverstov has commented recently on the Council of Ministers' resolution ... (more…)

#assignment#assignment of receivables#bank


Factoring in Baltic States recovers in 2021

The total esimative factoring portfolio in the Baltic States was EUR... (more…)

#3M#cash-flow#pandemic


Menlo Electric signs factoring finance agreement with KUKE and...

KUKE and KUKE Finance, Polish trade insurance and trade finance company... (more…)

#funding#insurance#trade


Romanian fintech attracts €2m funding to develop factoring service...

Omnicredit, a Romanian fintech platform that offers 100% online factoring and discounting... (more…)

#funding#investment#Omnicredit


Instant Factoring works with TechVentures Bank to help SMEs

Instant Factoring, Romania's first online micro-factoring fintech and TechVentures Bank... (more…)

#Instant Factoring


EBRD enhances trade finance for Ukraine

The European Bank for Reconstruction and Development (EBRD) is substantially increasing its trade finance ... (more…)

#bank#risk#security


‘Serbian factoring industry recorded a lower turnover in 2020’

After three consecutive years of continuous growth, Serbia’s factoring industry recorded... (more…)

#World Factoring Yearbook


Romanian factoring market reaches EUR 6bn in 2021

According to the annual market study conducted by the Romanian Association of Factoring... (more…)

#Bogdan Rosu


German factoring & payment fintech expands to the Baltic...

In addition to Germany, Poland, the Netherlands and the Czech Republic, the freight factoring and payment service provider JITpay™, which…

#digital#management#receivables

Romanian factoring development in 2020

In 2020, the business environment faced an unprecedented challenge, with lockdown measures imposed against the background of the COVID-19 pandemic…

#exports#insolvencies#insolvency

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