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JPMorgan and IFC lead US$27m investment in Colombian fintech

KLYM, a Colombian fintech that focuses on providing working capital to SMEs has announced it raised US$27m in a funding round led by JP Morgan Chase and International Finance Corporation (IFC). The fintech,  formerly known as OmniLatam, plans to use...

#JPMorgan#working capital finance

M1xchange tests international version of TREDS

The trade financing platform M1xchange, which holds a licence from the Reserve Bank of India (RBI), has begun testing a…

#export finance#M1xchange


White Oak UK to provide £500m funding for businesses...

White Oak UK has planned to provide £500m to small and medium-sized firms across the UK. This exceeds the level…

#White Oak UK


Global factors, be resilient in 2023 (Part 2)

My upbeat view of the global economy differs from forecasts I have read... (more…)

#Mark Mandula


ITFC and ISFD ink US$150m partnership to support trade...

The International Islamic Trade Finance Corporation (ITFC) and the Islamic Solidarity Fund for Development (ISFD), both members of the Islamic…

#Islamic Development Bank


Aleta Planet integrates payment solutions with DiMuto’s blockchain-enabled platform

Global fintech player Aleta Planet said yesterday that customers using DiMuto’s AgriFood trade solutions... (more…)

#blockchain#international#management


eCapital Commercial Finance continues sales recruitment drive

eCapital Commercial Finance (eCapital), have appointed David Wright to the role of... (more…)

#eCapital Commercial Finance


UK’s fintechs get a boost from the Confederation of...

In a bid to help the UK’s SMEs grow their business, the Confederation of British industry (CBI) launched this... (more…)

#Finastra


RFIx23 dates announced

With the World Economic Forum’s predictions for recession in 2023, the receivables finance industry is under more pressure to cope…

#supply chain finance


Finacity facilitates a US$75m receivables securitisation programme

Finacity Corporation (“Finacity”), a White Oak Global Advisors Company, has successfully facilitated a ... (more…)

#securitisation#Swissport#White Oak


Coface: Forecast for 2023

Wansquare asked a panel of economists and business leaders for their... (more…)

#economic outlook


eCapital Commercial Finance expands new business team in London

eCapital Commercial Finance (eCapital), a leading invoice financier, have announced the appointment of... (more…)

#eCapital

Impact of the conflict in Ukraine on the Romanian...

The war in Ukraine is getting close to the one-year milestone... (more…)

#Bogdan Rosu

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