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Italian business software solutions provider TeamSystem has acquired a 61 per cent majority stake in Change Capital, a Milan-based fintech specializing in AI-backed credit mediation services for SMEs.The acquisition, for an undisclosed sum, will add over 200 financial solutions to...
#AI#cash-flow#digital
Millennium Personnel Services (MPS), a provider of specialist qualified crane operators for the construction sector, has secured a £3.85m funding…
#commercial finance#funding#invoice
Banca Ifis has successfully completed the restructuring of a securitisation worth €1.15bn involving proprietary factoring receivables.The securitisation, known as the…
#receivables
In order to create a suite of credit risk products that offer credit teams simplified policy compliance and enhanced portfolio…
#credit risk#international#risk
Today we’ve launched a new revolving credit facility to support SMEs with cashflow to fund growth. It plugs a gap…
#working capital
Surecomp® today announced that it has been selected by Raiffeisen Bank International AG (RBI), one of the leading banks in…
#RIVO
The European Commission, the European Investment Bank (EIB) and the European Investment Fund (EIF) have agreed to establish a €300m export credit…
#European Investment Fund
The European Investment Fund (EIF) signed a RON 5m (€1m) subordinated loan agreement with Romania-based fintech Instant Factoring IFN to help…
#EIF#European Investment Fund
Vilnius-based Fortress Factoring, a tech startup providing factoring and supply chain finance to SMEs, has announced its plans to expand…
#supply chain finance
Following the release of the Bank of England interest rate today Michael McGowan, Managing Director, Foreign Exchange, Bibby Financial Services,…
#Bank of England#interest rate#working capital
The Conservatives, Labour and Liberal Democrats have all made promises to tackle the late payments crisis harming businesses.Labour says it…
#Atradius#insolvency
Generalfinance S.p.A. (Generalfinance) a company listed on Euronext STAR Milan and a financial intermediary specialised in factoring to SMEs, announces…
#Generalfinance
Leading SME finance provider, Time Finance, has appointed Fozia Riaz as the Head of Business Improvement in a move that…
#Aldermore#business finance#invoice