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Europe

WFY’23: Italian factoring exceeds 15% of GDP in 2023

IntroductionThe Italian Factoring Association (ASSIFACT) represents the totality of the factoring market in Italy with 31 members as of March 2023, 14 of which are Supervised Financial Intermediaries, 13 are banks and four are non-supervised companies owned by industrial groups...

#ASSIFACT#Diego Tavecchia

Optimum Finance makes new senior appointment

Optimum Finance has appointed Ross Stephenson as Senior Relationship Manager (RM) to further drive new business growth and provide support to…

#Ant Persse


UK government launches latest RLS

Introducing the newest government-backed finance initiative, the Recovery Scheme (RLS), which aims to assist small and medium businesses in navigating…

#CBILS#funding#guarantee


Lenvi’s 10th borrowing report trends in UK lending and...

A new report1 revealing the latest trends and future predictions in UK lending and borrowing has been launched by Lenvi,…

#Lenvi


EBRD guarantee empowers Ukreximbank in €40m new lending initiative...

The European Bank for Reconstruction and Development (EBRD) is providing a €10m unfunded portfolio risk-sharing instrument to Ukreximbank, the State…

#risk-sharing


Artis Trade Invest Fund launches invoice finance initiative for...

Artis Trade Invest Fund (Liechtenstein) announces a new initiative for secured trade finance, providing short-term financing to European petrol stations.…

#credit risk#invoice#risk


Riverty and Adyen announce partnership on BNPL

Riverty and Adyen partner up to offer a 14-day invoice payment solution for Adyen’s customers in the DACH region. Central to this…

#buy now pay later


Lenvi reveals its research on UK consumer’s attitude to...

Just launched Lenvi's exclusive research on UK consumers' attitudes to borrowing in 2024 is now available to download.The report explores: Attitudes…

#BNPL#Lenvi#open banking


Czech Flowpay raises €2.1m seed round to expand AI-powered...

Flowpay, a Czech fintech leveraging predictive AI models and embedded finance to assist SMEs in accessing operational funding, has secured…

#AI#bank#e-commerce


Tide appoints George Schmidt as CEO UK/Europe, accelerating expansion...

Tide, one of the UK’s leading business financial platform, is pleased to announce the appointment of George Schmidt as CEO UK/Europe,…

#Managerial Appointments


Time Finance expands block discounting facility with Cynergy Business...

Time Finance, the alternative finance provider, has extended its block discounting facility with Cynergy Business Finance (CBF), the asset-based lending…

#Cynergy Business Finance


WFY´23: Danish factoring market recorded a good performance

In 2022 the Danish economy grew by 3.8 per cent, roughly on a par with the EU, which reported an…

#GDP#interest rates#pandemic

More than 150 representatives from the European factoring market...

On 21 and 22 March, FCI and The EU Federation for Factoring & Commercial Finance (EUF) hosted the 9th EU…

#EU Federation

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