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Capital on Tap secures £750m in landmark funding

Capital on Tap, a fintech business credit card provider, has secured two major funding facilities totalling £750m to fuel its expansion and enhance support for small businesses in the UK and US markets. Groundbreaking master trust facility Capital on Tap...

#BNP Paribas#Citi#fintech

Spenda sells AU$2m invoice book to Grapple to unlock...

Spenda Limited has signed an agreement to sell its invoice finance loan book (managed by its subsidiary, Spenda Cash Flow…

#Grapple#invoice finance#Spenda


WFY’24: Swiss Factoring Association reports solid revenue growth in...

The members of the Swiss Factoring Association were able to achieve solid revenue growth in the year 2023, which was…

#ABC Factoring AG#factoring#Marc Meier


iwoca: Cutting taxes is key to SME growth, say...

More than a third (38 per cent) of finance brokers say lower taxes are needed to boost SME growth this…

#Colin Goldstein#iwoca#SME


Kilo Fund Management announces US$50m ABL facility

Kilo Fund Management (Kilo), a specialty provider of commodity inventory finance to North American middle-market companies, announced the extension of…

#asset based lending#asset-backed lending#Cordillera Investment Partners


ECB expands initiative to settle DLT-based transactions in central...

The Governing Council of the European Central Bank (ECB) decided to expand its initiative to settle transactions recorded on distributed…

#central bank money#distributed ledger technology#DLT


BCR Webcast: Wayne Mills & Anthony Persse on SME...

"When we consider data, tech and Ai we are now only limited by our imagination” Anthony Persse, CEO of Optimum…

#ABL#AI#embedded finance


Faster payments, stronger supply chains: The Rise of same-day...

Supply chain financing (SCF) is becoming a growing lifeline, especially for micro, small, and medium enterprises (MSMEs) — a sector…

#CredAble#Ram Kewalramani#supply chain finance


British Business Bank increases ENABLE Guarantee with Oxbury Bank...

The British Business Bank has agreed a further £100m increase to its existing ENABLE Guarantee transaction with leading fintech Oxbury…

#British Business Bank#ENABLE#fintech


IFC partners with CRX Markets to improve SCF sustainability

To help improve the sustainability of global supply chains, the International Finance Corporation (IFC), a member of the World Bank…

#CRX Markets#IFC#supply chain finance


Cherry Bank Italy reorganises adding two new divisions and...

Cherry Bank, a financial institution specialising in retail, corporate, and wealth management solutions announces a new organisational structure to better…

#Cherry Bank#factoring#Giovanni Bossi


Al Masraf partners with Finneva to develop SCF for...

Al Masraf (The Arab Bank for Investment and Foreign Trade) has signed a strategic partnership with Finneva Information Technologies LLC…

#Al Masraf#Finneva#scf

UAE’s Invest Bank onboards Veefin Solutions to digitise their...

Invest Bank, one of UAE’s leading financial institutions, has onboarded Veefin Solutions, a leading provider of digital supply chain finance…

#Edris Al Rafi#Gautam Udani#Invest Bank

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