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Nigerian digital trade-finance platform, FrontEdge, has raised US$10m in debt and equity funding to support cross-border trade and expand its operations across Nigeria, Kenya and other African countries. The new capital was provided through a funding round led by TLG Capital and including Flexport.TLG Capital declared...
#emerging markets#exporters#smes
Following the Autumn Statement, Jonathan Andrew, CEO of Bibby Financial Services, commented on why the permanent adoption of full expensing on…
#Cash flow#Ed Rimmer#Jonathan Andrew
To support UK small businesses access finance, the SME working capital provider TRIVER has raised €22.9m new funds from the…
#Triver
Hard-pressed retailers in Europe and the US need to find the right balance between sales and profits this holiday season,…
#credit risk#trade credit insurance
DP World Trade Finance has partnered with UAE Trade Connect (UTC) to combat invoice fraud across the UAE and revolutionise…
#DP World Trade Finance#UAE Trade Connect
Coface releases its 9M-2023 financial results and records excellent income of €189.7m in the nine months amidst slowing inflation and…
#trade credit insurance
At SCHUMANN Connect, Schumann’s London conference last week, it was said that underwriting in trade credit insurance is undergoing a…
#AI#Nexus#Robert Meters
The European Bank for Reconstruction and Development (EBRD) announced that it is set to channel €100m in credit lines to…
#SME lending
Securitisation as a financial tool for African economies was given a fillip last week at the African Financial Industry Summit…
#receivables securitisation#Sani Yaya
UK lender Skipton Business Finance has chosen Dancerace ABL software to power its invoice finance services.The move comes after the lender…
#Dancerace#Elliot Avison
ICC UK is delighted to announce that the submissions for the C4DTI Awards 2024 are now open!The C4DTI Awards will…
#ICC UK
The third quarter of 2023 brought the expected but long-unseen decline in turnover to the factoring industry, as reported by the…
#Executive Committee#PZF#receivables
FundOnion has today officially launched its AI-backed business finance comparison site for small business loans.The FundOnion comparison site allows businesses…
#bank#Bank of England#business finance