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Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105m (US$28m) in Series B funding led by Sanabil Investments, a wholly-owned company by the Public Investment Fund (“PIF”). The round saw participation from Shorooq Partners, AB Ventures, and...
#alternative financing#debt financing#Lendo
TalkTalk, the UK mobile operator, is extending payment terms to its suppliers as it grapples with debt and cashflow concerns.…
#payment delays#supplier finance
Embedded finance provider Liberis has secured US$112m (£89m) in debt financing from HSBC Innovation Banking and BCI Capital to support…
#debt financing#embedded finance#Liberis
Swift in collaboration with BNY Mellon, Deutsche Bank and four electronic Bills of Lading (eBL) platforms, have successfully tested an…
#BNY Mellon#CargoX#Deutsche Bank
Chipotle Mexican Grill and Bridge are uniting to offer the Bridge business loan marketplace to Chipotle's small- and medium-sized businesses…
#Bridge#digital platform#SMB finance
Factoring volume has been growing over the last few years since its introduction to the Egyptian market in 2005, said…
#World Factoring Yearbook
Evolution Credit Partners Management (Evolution), an alternative credit firm with approximately US$3bn in assets under management, announced today the close of…
#assets under management
The Swiss banking group iSwiss has recently closed an important securitisation transaction on tax receivables of Italian state suppliers resulted from…
#securitisation
Cynergy Business Finance (CBF), the asset-based lending (ABL) arm of Cynergy Bank, marked two years of trading with a total…
#Cynergy Business Finance
Singapore-based petrochemicals, green energy and natural resources conglomerate ChemOne Group, has signed a binding definitive facility agreement with MUFG Bank…
#bank#financial services#MUFG
Citi Treasury and Trade Solutions (TTS), within Citi’s Services organisation, has made an investment in Icon Solutions, a leading fintech…
#Citi Treasury and Trade Solutions
The European Commission decided to take action to combat the problem of late payments in Europe, and in September 2023…
#Banco Ourinvest#João Costa Pereira
Time Finance is promoting Tracy Watkinson (pictured) as Non-Executive Director. Tracy, who has held a number of board-level positions, has been…
#Ed Rimmer#Paul Hird#Time Finance