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Germany

WFY’23: Record factoring growth of 20% in Germany in...

Last year, the GDP of Germany grew slightly by 1.8 per cent, not as much as in the previous year, said Jens Hoter, Branch Director, Crédit Agricole Leasing & Factoring S.A. – Niederlassung Deutschland in his article included in the most recent...

#World Factoring Yearbook

GRENKE to sell all factoring companies

The Supervisory Board of GRENKE AG has approved the Board of Directors' decision to focus on the leasing business with…

#GRENKE


Unicredit leads Series A round for Banxware

Berlin-based embedded lending provider Banxware has raised €15m in its latest equity round and gained major Italian bank Unicredit as…

#embedded lending#SME lending#Unicredit


German trade finance fintech receives payment service license from...

Hamburg-based fintech SME specialist in trade finance, Walbing, has obtained a payment service license from BaFin, the specialised financial authority…

#BaFin#WALBING


BNPL fintech WALBING receives payment service license

Germany-based fintech specialist in trade finance WALBING has obtained a payment service license from the German Federal Financial Supervisory Authority…

#BaFin#BNPL#WALBING


German factoring grow despite falling international business

Contrary to general economic developments, the members of the German Factoring Association (DFV) were able to achieve solid sales growth…

#German Factoring Association#import factoring


Commerzbank – first German bank to carry out live...

Commerzbank is the first German bank to have completed a blockchain-based Letter of Credit (LC) transaction for its client, Ascentex…

#Bank of China#Commerzbank#Contour


E-invoice mandatory in Germany from January 2025

The introduction of e-invoicing for the B2B is planned to start in Germany in January 2025. However, it is not…

#electronic documents#invoice#platforms


Germany’s Factors account for almost 10 per cent of...

Germany’s growing factoring industry accounted for almost 10 per cent of the country’s GDP in 2022, according to the latest…

#German Factoring Association#Michael Menke


Lendscape solidifies position in German factoring market

Lendscape, the world's leading technology provider for all forms of secured business finance, today announced that it has become an…

#Lendscape


Major German company links factoring programme to ESG performance

Aurubis, a global supplier of non-ferrous metals and one of the world’s largest copper recyclers, has announced that it is…

#EcoVadis#ESG#sustainability


Media and Games Invest raises a €75m through receivables...

Finacity Corporation, a White Oak Global Advisors Company, (“Finacity”) announced that it has successfully facilitated a €75m receivables securitisation programme…

#receivables securitisation

Unifiedpost and Munich Re sign strategic partnership for invoice...

Unifiedpost Group (Unifiedpost) announces a strategic partnership with Munich Re... (more…)

#Munich Re

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