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Spenda Limited has signed an agreement to sell its invoice finance loan book (managed by its subsidiary, Spenda Cash Flow Pty Ltd) to Grapple Invoice Finance Fund Pty Ltd for a total of AU$2m. This move is part of Spenda’s...
#Grapple#invoice finance#Spenda
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
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 (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
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
"When we consider data, tech and Ai we are now only limited by our imagination” Anthony Persse, CEO of Optimum…
#ABL#AI#embedded finance
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
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
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, 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 (The Arab Bank for Investment and Foreign Trade) has signed a strategic partnership with Finneva Information Technologies LLC…
#Al Masraf#Finneva#scf
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
Asset Based Lending (ABL) is being hailed as the most underused and underestimated form of business finance by independent lender,…
#ABL#asset based lending#Censuswide