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Europe

French factoring breaks all records

After the fall in their factoring turnover in 2020, caused by the almost unbeatable competition of State-guaranteed loans (PGE), it reached record levels in 2021 - 22. In its recent extended annual survey on the French Factoring market, The French...

#capital requirements#international#receivables

Answear.com signs SCF ageement with Santander Factoring Sp. z...

The Management Board of Answear.com SA announces that on 8 September 2022, the company concluded a supply chain finance (SCF)…

#supply chain finance


Allianz Trade and Pledg launch BNPL solution

After several months of testing and development, French payment solutions start-up Pledg and credit insurance company Allianz Trade have launched…

#Allianz Trade#BNPL#digitalisation


Polish PragmaGO and Fandla Faktoring merge

Fintech PragmaGO, owned by Polish Enterprise Fund VIII, has announced the acquisition of approximately 800 customers from Polish factor Fandla…

#PragmaGO


Navax Group acquires afb Applications Services AG

afb Application Services AG becomes a new member of ... (more…)

#financial services#investment#leasing


CrescItalia and BFF Bank sign agreement to offer finance...

CrescItalia, an independent fintech advisory has signed an agreement with... (more…)

#bank#management#smes


Pythéas Capital Advisors raises EUR 5m to accelerate deployment...

Pythéas Capital Advisors, a fintech specialised in reverse factoring and other solutions for companies... (more…)

#dynamic discounting


One Stop Invoice Finance appoints operations and risk director

East Yorkshire-based One Stop Business Finance (OSBF) has appointed... (more…)

#One Stop Business Finance


Jean-Marc Torre joins White Oak as CEO

White Oak UK, an independent lender to UK SMEs and mid-corporates and an affiliate of White Oak Global Advisors (WOGA),…

#Andre Hakkak#Managerial Appointments#White Oak UK


Danish fintech Moneyflow raises €250m to support European expansion

Copenhagen-based Moneyflow, an embedded fintech startup, announced on Wednesday, that it has raised DKK 1.8 bn (€250m) in a debt financing…

#Aion Bank#embedded finance


German factoring growth expected to slow

The first half of 2022 went remarkably well for the factoring industry in Germany, according to the German Factoring Association.…

#German Factoring Association#inflation#Russia-Ukraine war


Ulster Bank and KBC Bank Ireland urge Irish clients...

Businesses are being advised to act early if they need to establish new banking arrangements in the months ahead.With Ulster…

#cash management#risk management#Ulster Bank

Propel receives £165m funding from British Business Bank

The British Business Bank has announced a new ENABLE Funding facility to Propel, an independent asset finance provider. The new facility…

#Propel#Reinald de Monchy

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