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Europe

Allianz Trade to become sole owner of Cosec insurance...

Allianz Trade has announced it will acquire a 50 per cent stake in Cosec, the Portuguese trade credit insurance provider, from Banco BPI, one of Portugal's largest banks. Allianz Trade already owns 50 per cent of Cosec and will own 100...

#Allianz Trade#trade credit insurance

Marco Polo declared insolvent with €5.2m debts

The High Court of Ireland appointed yesterday insolvency practitioners Ken Fennell and Andrew O'Leary of Interpath Advisory Services as provisional…

#Bank of America#blockchain#Marco Polo


EBRD and MIGA join forces in covering trade finance...

The European Bank for Reconstruction and Development (EBRD) and the Multilateral Investment Guarantee Agency (MIGA) have signed a landmark first…

#bank#guarantees#international


Bibby Financial Services and Coface to provide secure funding...

Bibby Financial Services, a leading provider of financial support and funding solutions to... (more…)

#trade credit insurance


Allianz Trade and Fintecture partner to provide digital ‘Secured...

Allianz Trade, the world leader in trade credit insurance and Fintecture, a fast-growing fintech specialised in B2B payment solutions, partnered…

#Allianz Trade#buy now pay later


High street banks reduce lending to SMEs as demand...

Demand for finance from the UK’s 5.5m small and medium-sized businesses is on the rise at the same time as…

#Colin Goldstein#iwoca#SME lending


Just Cashflow administrators report shows £75m deficit

At the end of December last year, the alternative lender Just Cashflow was placed into administration, amid the company experiencing…

#insolvency


Czech fintech Roger enters Croatian factoring market

The bank-dominated factoring industry in Croatia has welcomed the Czech fintech Roger, which anticipates development in the sector owing to inflation.This…

#working capital finance


Mercore executes UK’s first ‘digital Bill of Exchange’ transaction

Mercore, the global trade focused fintech group, today announced that it has executed a trade finance transaction utilising an electronic…

#electronic trade documents#Enigio#ICC UK


Australian credit insurance firm starts direct operations in Croatia

Austrian credit insurance company Acredia said this week... (more…)

#Allianz Trade


New appointments to UK Finance board

UK Finance has announced two new appointments to the UK Finance Board ... (more…)

#UK Finance


Manx Financial comments on UK inflation slowing down

Commenting on UK inflation slowing to 10.1 per cent, Douglas Grant, Group CEO of Manx Financial Group PLC, said: “After avoiding…

#Douglas Grant#inflation#Manx Financial

Brokers facilitate £45bn of borrowing for UK’s  small...

Lending to small businesses via brokers jumped 10 per cent in 2022 to £45bn, according to the annual survey results from…

#NACFB#National Association of Commercial Finance Brokers

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