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HSBC Innovation Banking provides Modify with $100m debt facility

MODIFI, the global cross-border business payments company, has secured a US $100 million debt facility with HSBC Innovation Banking UK to further growth.HSBC Innovation Banking UK offers flexible banking solutions for start-ups, scale-ups, growth businesses, investors and those working towards...

#debt facility#digital platform#MODIFI

More fashion suppliers hit by credit insurance cover cut

Since last December a string of suppliers to the fashion industry have been hit by a reduction in credit insurance…

#Allianz#trade credit#trade credit insurance


Lendscape boosted by Bowmark Capital

Bowmark Capital, the mid-market private equity firm, has made a significant investment in Lendscape, a leading technology provider to the…

#Bowmark Capital#commercial finance#factoring technology


EBRD partners with NLB Prishtina for SME lending in...

NLB Banka Prishtina has become a partner bank of the European Bank for Reconstruction and Development (EBRD) in Kosovo. The…

#SME financing#SME lending


Pakistan’s SMEs heavily underfinanced, CCP study reveals

The Competition Commission of Pakistan (CCP) has concluded an extensive study titled “Enhancing Economic Efficiency of SMEs in Pakistan”, identifying…

#MSME financing#SME lending


HDI launches Asian political risk and credit business with...

The Singapore branch of the industrial insurer HDI Global SE, part of the Talanx Group, has hired Markel’s James Guardino…

#credit risk#Managerial Appointments#political risk


EnKash to streamline AP and AR for Indian...

Spend management platform Enkash on Thursday announced the launch of Olympus, which will enable the automation of business payables and…

#account payables#account receivables


Peridot Group appoints Doug Morgan as Chief Executive Officer

Peridot Group, a leading provider of treasury solutions with over $68 bn in B2B payment volumes across 75 countries and…

#Managerial Appointments#working capital


EBRD supports digital transformation of Bosnian SMEs

Small and medium-sized enterprises (SMEs) in Bosnia and Herzegovina will have more opportunities to invest in digital transformation with new…

#SME lending


Defacto secures up to €167m debt facility with...

French SME lender Defacto has closed a securitisation fund with Citi and Viola Credit for up to €167 million ($183m).…

#securitisation#SME lending#Viola Credit


Time Finance appoints Justin Nel as BDM in its...

Time Finance is announcing today the appointment of Justin Nel as Business Development Manager (BDM) in its Invoice Finance team.Justin…

#Time Finance


Columbia’s fintech industry boosted by Floid

One of Latin America’s leading fintech companies, Floid, has launched an open finance product for the factoring industry in Columbia.…

#electronic factoring

White Oak ABL and White Oak Commercial Finance provide...

White Oak ABL, LLC, White Oak Commercial Finance, LLC, and other affiliates of White Oak Global Advisors, LLC, (collectively, “White…

#White Oak ABL#White Oak Commercial Finance

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