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M1xchange in partnership with YES Bank and RBL Bank has announced that it has started testing the ‘Small-to-Small Factoring’ product under the Reserve Bank of India’s third cohort of the regulatory sandbox.M1xchange is an online exchange (Trade Receivables Discounting System/TReDS)...
#M1xchange#MSME#RBL Bank
Chennai-based debt marketplace Yubi has announced its latest partnership with U GRO Capital, a new generation Lending-as-a-Service (LaaS) business that…
#MSME#U GRO Capital#Yubi
Lloyds Bank has signed a five-year commercial agreement with Satago (majority owned by TruFin) to use Satago’s software platform for…
#Lloyds Bank
Santander UK has provided a multi-million-pound funding package to Malvern-based Lucart Hygiene to support its growth in the ‘away from…
#bank#Flexible Funding#invoice
Bahrein has enhanced its position in the Gulf as a centre for digital finance services, with the launch of a…
#supply chain finance
Turkey’s factoring market, which grew 34 per cent in 2021 to TL 200bn (£9.2bn), rose by 66 per cent in…
#Cagatay Baydar
Italy’s recourse factoring sector is set to benefit from a new loan guarantee scheme (LGS) that has been approved by…
#recourse factoring#supply chain finance
There is an increasing amount of financial and other data that is pointing to a very challenging and downright ugly…
#Mark Mandula#smes
The Board of Directors of the African Development Bank Group has approved a Risk Participation Agreement of $50 million with…
#African Development Bank Group#Credit Agricole#trade credit insurance
Bangladesh's first-ever digital factoring marketplace TREDX, owned by Pakistan’s fintech Think Big Solutions Limited, announced on Sunday a launch of…
#digital factoring#digital platform#TREDX
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys today announced that it has been inducted into International…
#blockchain#HDFC Bank#ICICI Bank
SME funder Bibby Financial Services (BFS) has appointed the former director of payments at NatWest Marion King as board member…
#Corporate appointments#NatWest
Fintech challenger bank Allica Bank has appointed Ian Flaxman to the newly created role of head of growth finance.With 30…
#Allica Bank#Corporate appointments#working capital