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Germany

German retail chain chooses Traxpay’s supplier financing platform

Germany’s largest supermarket corporation headquartered in Hamburg, announced the... (more…)

#bank#payment terms#supplier financing

BFM: Study on SME finance in Germany

The study conducted by BFM (German Factoring Federation for the middle-sized companies) concluded that... (more…)

#bank#BFM#digitisation


New global CEO for Siemens Financial Services Commercial Finance

The commercial finance arm of Siemens Financial Services has appointed... (more…)

#commercial finance#conference#financial services


Nordea provides €50m factoring facility for Elanders

Elanders announced that together with Nordea, one of the Group’s main banks, will ... (more…)

#banks#cash-flow#Nordea


Commerzbank and Fraunhofer IML found “Enterprise Lab” to support...

Commerzbank is the first financial institution to launch an "Enterprise Lab" at the Fraunhofer Institute for... (more…)

#supply chain finance


New bank joins the Marco Polo network

...has announced that it became a founding member of Marco Polo... (more…)

#Marco Polo


Euler Hermes: German SMEs and mid-caps have a higher...

Euler Hermes Rating’s latest study finds that SMEs and mid-caps in Italy have a lower average 2-year default rate (2.05%) than…

#SMEs finance


German-based SME financier acquires factoring firm

The Cologne-based SME financier and the ...factoring company have signed a purchase agreement... (more…)

#abcfinance#acquisition#bank


Germany tightens rules on directors’ liability in case of...

The German Federal Court of Justice has tightened its grip on company directors again. In a recent judgment on directors’…

#insolvency


German fintech opens factoring platform to SMEs and freelancers

Factoring is an important financing tool for many companies. The Berlin-based fintech... (more…)

#cash-flow#digital#risk


German factoring provider launches invoice finance platform

In order to support the SMEs by financing their invoices online ... (more…)

#global factoring#invoice#receivables


German Factoring Association announces results for first half of...

In the first half of 2018, the turnover of the members of the German Factoring Association (Deutscher Factoring-Verband) increased by...…

#German economy#German Factoring Association#international

CODIX expands its presence in Europe

After opening a representation in Canada, CODIX, which developed the iMX solution for receivables finance but ... (more…)

#CODIX

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