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Singapore-based fintech platform Xalts, backed by Accel and Citi Ventures, has announced its acquisition of Contour Network, previously owned by a consortium of eight global banks including HSBC, Standard Chartered, and BNP, with a focus on digitising trade. Originally launched...
#digitisation#supply chain finance
Maybank has announced its plans to disburse approximately RM18bn (US$208.4m) in SME financing for the year 2024, marking a 13…
#sustainable financing
Just over a year since their partnership began, DP World Trade Finance, with support from Etihad Credit Insurance (ECI), has…
#Sinan Ozcan
CredAble, a leading FinTech player in supply chain finance and SBI Global Factors Ltd. (SBIGFL), India’s premier factoring company, announced…
#supply chain finance
The Polish factoring industry concluded 2023 with a marginal 2.3 per cent decrease in turnover. However, this decline is an…
#Polish Factors Association
Mollie, one of the fastest growing financial services providers in Europe, today announced the UK launch of Mollie Capital –…
#alternative lending
The International Islamic Trade Finance Corporation (ITFC) and Asia Alliance Bank have inked an agreement to bolster trade financing for…
#bank#international#management
Taulia, a leading provider of working capital management solutions, has announced its collaboration with International Finance Corporation (IFC), a member…
#supply chain finance#working capital
The Turkish economy expanded by 5.6 per cent in 2022, according to the Turkish Statistical Institute (TurkStat), according to Filiz…
#international#invoice#purchase order
Secure Trust Bank Commercial Finance has strengthened its regional presence with the appointment of Will Duxbury (pictured) as portfolio and…
#commercial finance
WTW has announced the appointment of Cruz González Agrelo to Global Head of Receivables and Supply Chain Finance (SCF). This…
#supply chain finance#wtw
Data from 2022 shows impressive growth in the European factoring market, with turnover reaching EUR 2.380bn, an increase of 19…
#bank#commercial finance#Deutsche Bank
As reported today, the UK fell into recession in the second half of 2023, after the economy shrank by more…
#Lenvi#Office for National Statistics#ONS