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Europe

WeDo bolsters trade finance arm with senior hire for...

WeDo Business Services has made a senior appointment in its trade finance division to support its growth. John Rourke has joined WeDo Trade Finance as senior commercial manager, a new national role for the business. He has more than 16...

#John Rourke#Vince Tovey#WeDo

ABL division of STB achieves £20bn milestone in the...

The asset-based lending (ABL) division of Secure Trust Bank, Secure Trust Bank Commercial Finance (STBCF), has provided almost £20bn in…

#asset based finance#commercial finance#John Beyan


Polish invoice finance fintech expands to Romania with local...

Polish fintech PragmaGO signed an agreement to acquire a majority 89 per cent stake in Telecredit IFN S.A. (Omnicredit), a…

#invoice finance#Omnicredit#PragmaGO


Ebury appoints new UK heads of sales & dealing

Ebury, the global financial technology firm, is delighted to announce the appointment of a new UK Head of Sales, Maxim…

#Ebury#fintech#Maxim Syn


WFY’24: Austrian factoring development – year 2023 in review

The world saw various unprecedented events in 2023, ranging from political conflicts to volatile financial markets, stated Thomas Strahlhofer, CEO,…

#FactorBank#factoring#Thomas Strahlhofer


SC Ventures-backed SWIAT and Olea partner to enable trade...

SWIAT GmbH (SWIAT), a fintech company specialising in the development of blockchain software for an open, decentralised financial market infrastructure,…

#blockchain#Olea#SC Ventures


Comments from industry specialists on UK interest rates announcement

Following today’s interest rates news, James Burgess, Head of Commercial and Insolvency expert at Atradius UK, said: "After years of…

#Atradius#Douglas Grant#interest rates


Lenvi comments on UK inflation today announcement

Following this morning's inflation announcement, Lenvi, a fintech company powering loans for 150+ lenders including Santander, Barclays, Metro Bank and…

#bank#inflation#Metro Bank


PKO Faktoring reports 50% turnover growth in H1 2024

PKO Faktoring reported a turnover exceeding PLN21.5bn (€5.037bn)  in the first half of 2024, marking a 50 per cent year-on-year…

#factoring#PKO Faktoring#Polish Factors Association


PRA relaxes capital requirements under Basel 3.1 for trade...

The Bank of England is aligning with the US Federal Reserve by relaxing capital requirements for lenders under the Basel…

#capital requirements#PRA#SME lending


UK Finance: High street bank lending to SMEs remains...

UK Finance today releases its latest Business Finance Review which reports on the finance needs of small and medium-sized enterprises…

#Business Finance Review#David Raw#gross lending


Allianz Trade: Trade risk higher than before Corona in...

Those doing business in Belgium with 15 of the top 18 sectors face an increased risk of default. This is…

#Allianz Trade#Johan Geeroms

EBRD unlocks €690m new financing for Ukraine

The European Bank for Reconstruction and Development (EBRD) is providing new guarantees to Ukraine’s banking sector and unlocking €690m of…

#EBRD#risk-sharing#trade finance

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