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Investree raises $231 million and expands to Qatar

Investree, an Indonesian B2B marketplace lending platform for Micro, Small and Medium Enterprises (MSMEs), has raised US $231m in a Series D funding round, bringing its total funds raised to approximately US $280m .This financial milestone has been made possible...

#Investree#lending platform#SME financing

Lloyds Bank rolls out ‘Paperless Guarantee’

Lloyds Bank is enabling corporate customers to request digital Guarantees or Standby Letters of Credit under a new 'Paperless Guarantee'…

#digitalisation#ETDA#guarantees


BCR Webcasting: Betül Kurtulus, FCI

“Almost every Saudi bank has or is planning to have a supply chain finance solution in place”, says Betül Kurtulus,…

#digitisation#supply chain finance


Clearco secures new funding from an asset-backed facility and...

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 supports US lightning manufacturer with...

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


FCI announces new Secretary General appointment

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


WFY23: ‘Singapore’s factoring volume in 2023 saw an impressive...

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 appoints new Executive Vice President

Triterras, Inc. (Triterras) a leading fintech company focused on trade and trade finance, has announced the appointment of Vinay Kapoor to…

#Triterras


Etihad Credit Insurance to deliver AED1.4 billion to support...

The Ministry of Industry and Advanced Technology (MoIAT) of UAE has announced a collaboration with Etihad Credit Insurance (ECI) to…

#ECI#export finance#trade credit insurance


Standard Chartered powered Solv reaches KSh1 billion milestone

Solv Kenya, a B2B marketplace for Small and Medium Enterprises (SMEs) and a venture powered by  Standard Chartered PLC, has…

#SOLV#supply chain finance


WTW hires Hannah Fearn to lead Financial Solutions team

Insurance broker WTW, has announced the appointment of Hannah Fearn as Director of the Financial Solutions team.Fearn brings over 15…

#Managerial Appointments#wtw


Veefin Solutions partners with Tagit to power digitisation

Veefin Solutions Ltd., a global leader in Supply Chain Finance solutions, and Singapore based Tagit, a leading digital banking solutions…

#digitisation#supply chain finance#Veefin Solutions

Essar Oil UK secures $150m in receivables financing

Essar Oil UK, the company that operates the Stanlow refinery at Ellesmere Port, has agreed a deal worth $150m.The company…

#working capital

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