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European fintech TP24 receives mezzanine funding from Channel

Channel Capital Advisors LLP (Channel) has closed a mezzanine funding facility with TP24, a leading European fintech lending platform.Channel is an FCA-regulated alternative investment fund manager (AIFM) specialising in fintech, working capital and trade finance investments. Since 2014, the London-headquartered...

#channel#lending platform#supply chain finance

Lloyds launches SCF for Asda

Lloyds Bank has launched a new Supplier Finance programme to provide working capital to businesses in Asda’s supply chain, which…

#Lloyds Bank#supply chain finance


BFS names Martin King head of corporate sales

Bibby Financial Services (“BFS”) has appointed Martin King as Head of Corporate Sales, Strategy and Partnerships as it continues to…

#Managerial Appointments#Stephen Hand


Accelerated Payments hit €1bn finding milestone

Business funding provider Accelerated Payments has announced it advanced in excess of €1bn worth of invoice financing on its fifth…

#Accelerated Payments#Ian Duffy


Asset managers launch global trade finance working group

Trade finance industry leaders and leading asset managers have joined forces to create a global trade finance working group... (more…)

#TradeFlow Capital Management


International Accounting Standards Board ponders new SCF rules

Several developments are pushing the International Accounting Standards Board (IASB) to amend its... (more…)

#FASB#Financial Accounting Standards Board#IASB


Global factors, be resilient in 2023 (Part 3)

It’s clear that SMEs are cautiously optimistic about how their enterprise will perform in 2023... (more…)

#Mark Mandula


Comments from the industry on UK government long-term vision

Earlier this morning, the Chancellor set out the government’s long-term vision for the UK economy... (more…)

#blockchain#blockchain technology#R3


Engen Capital launches factoring and SCF to serve mid-sized...

Mexican specialised financial company Engen Capital launches factoring for local medium-sized companies... (more…)

#payable finance#supply chain finance


Barclays promotes Divyesh Modi and Jaya Vohra to Managing...

Under the leadership of James Binns, Global Head of Trade and Working Capital, Barclays continues to invest in its trade…

#bank#head of trade and working capital#management


Demica grows Assets under Administration 28% in 2022 to...

Demica’s market-leading supply chain finance platform, used by the world’s leading trade banks and... (more…)

#supply chain finance


TradeCap Partners signs US$7m PO finance facility

TradeCap Partners (TradeCap) inks a US$7m purchase order (PO) finance facility for a... (more…)

#purchase order finance#TradeCap Partners

Surecomp’s RIVO reinforces digital trade finance workflows with WAVE...

Surecomp today announced that it is partnering with WAVE BL, a blockchain based digital platform, to further enhance digital trade…

#blockchain#WAVE BL

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