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Leading credit rating agency Moody’s has upgraded the Insurance Financial Strength Rating (IFSR) of Coface, a prominent player in the credit insurance industry, from A2 to A1.Additionally, Moody’s has revised the outlook for Coface to ‘stable’ from ‘positive.’ These changes...
#trade credit insurance
According to the latest report from Allianz Trade, the global economy will continue to face challenges, with lackluster growth from…
#Allianz Trade#economy#trade credit insurance
New research by Praetura – the Manchester-based debt and equity capital provider to UK SMEs – has revealed that three…
#funding gap#Praetura#SME lending
Scottish neobank Alba Bank has announced that it will migrate to Mambu’s cloud banking platform to manage its small and…
#digitalisation#digitisation#lending platform
The European Bank for Reconstruction and Development (EBRD) is set to expand its activities in the Middle East and North…
#B2B finance#Francis Malige#Raiffeisen
Investree, an Indonesian B2B marketplace lending platform for Micro, Small and Medium Enterprises (MSMEs), has raised US $231m in a…
#Investree#lending platform#SME financing
Lloyds Bank is enabling corporate customers to request digital Guarantees or Standby Letters of Credit under a new 'Paperless Guarantee'…
#digitalisation#ETDA#guarantees
“Almost every Saudi bank has or is planning to have a supply chain finance solution in place”, says Betül Kurtulus,…
#digitisation#supply chain finance
As part of a complex recapitalisation strategy, Toronto-based fintech startup Clearco has secured a new asset-backed financing facility of up…
#cash-flow#funding#interest
Sallyport Commercial Finance has announced a US$1m accounts receivable (AR) facility for a lighting manufacturer headquartered in Tennessee. The business held a…
#Sallyport Commercial Finance
As announced back in June 2022, the current Secretary General, Mr. Peter Mulroy, will be stepping down on 29th February…
#bank#commercial finance#International Trade
The Singapore economy grew by 3.6 per cent in 2022, slower than the 8.9 per cent growth in 2021... (more…)
#Alan Wong#World Factoring Yearbook
Triterras, Inc. (Triterras) a leading fintech company focused on trade and trade finance, has announced the appointment of Vinay Kapoor to…
#Triterras