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Europe

Pleo secures €40m debt financing from HSBC Innovation Banking

One of Europe’s leading spend management platforms, Pleo, has secured a €40m debt financing facility from HSBC Innovation Banking UK, the specialist financial partner for the innovation economy. The deal enables Pleo to offer higher credit limits to even more...

#debt financing

UK Finance releases its response to the FCA’s Consultation...

UK Finance has responded to the Financial Conduct Authority (FCA)’s Consultation Paper on changes to its Enforcement Guide and the…

#FCA#Financial Conduct Authority


Mach Recruitment receives £45m invoice finance facility from Metro...

Mach Recruitment, a Leeds based specialist recruitment business has agreed a £45m invoice finance facility with Metro Bank.As a specialist…

#bank#funding#invoice


UKEF unveils plans to help exporters win £12.5bn in...

UK Export Finance (UKEF) publishes its new 2024-29 Business Plan, setting out its intention to help firms win over £12.5bn in new business…

#UKEF


CaixaBank is consolidating leader position in Spanish factoring...

CaixaBank closed 2023 with a volume of assignments in factoring and confirming of more than €76,000m, a 2 per cent…

#assignment#bank#confirming


Time Finance announces Dan Murphy as BDM

Time Finance is welcoming Dan Murphy (pictured) as Business Development Manager (BDM) in its invoice finance team.Dan joins with over…

#financial services#Flexible Funding#funding


Atradius data reveals payment defaults for UK businesses decreased...

The UK’s second-largest trade credit insurer, Atradius has revealed that the number of claims it received from UK businesses decreased…

#Atradius


Softloans raises €1m to expand SME financing

Softloans, a fintech startup headquartered in Vilnius, Lithuania, has successfully secured €1 million in pre-seed funding to bolster its growth…

#digital#e-commerce#management


Allica Bank turns profitable in three years

SME challenger bank Allica has achieved its first full year of profit just three years since opening its doors to…

#SME lending


Lenvi comments on UK inflation announcement

Following Wednesday UK inflation announcement, Lenvi (formerly Equiniti), a leading lendtech for major UK lenders such as Santander, Barclays, Metro Bank and Admiral, has…

#Lenvi#Richard Carter


Aldermore announces appointments in ABL team

Aldermore has appointed Nicola Bonini as Business Development Manager for Invoice Finance and Nick Holmes as complex and asset based…

#ABN AMRO#Aldermore


TuranBank and Asian Development Bank sign trade finance agreement

Marking a significant milestone, TuranBank OJSC, Azerbaijan has entered into a pivotal agreement with the Asian Development Bank (ADB) to…

#ADB#bank#international

Time Finance secures senior appointment in invoice finance team

Time Finance is announcing Jason Poxon as Business Development Manager in its invoice finance team. Jason joins with 10 years of experience…

#financial services#funding#invoice

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