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Billboxx, the integrated billing to payment platform aimed at ensuring timely payments for businesses across Africa, has successfully closed a US$1.6m pre-seed funding round. The investment round saw participation from renowned investors including Norrsken Accelerator, Kaleo Ventures, Founders Factory Africa...
#Abdulazeez Ogunjobi#Alex Bakir#Billboxx
Capitalise.com, the UK based business finance platform, announces their collaboration with Plaid to bring pre-approved funding to 150,000 small businesses.…
#Capitalise#Ollie Maitland#open banking
Commenting on the challenging economic outlook as UK GDP unexpectedly shrinks, Douglas Grant, Group CEO of Manx Financial Group, said:…
#Douglas Grant#geopolitical factors#Manx Financial
Mintifi, India’s leading supply chain financing (SCF) platform, announced a Series E related fundraise of US$180m, co-led by Teachers’ Venture…
#Mintifi#Ontario Teacher's Pension Plan#Premji Invest
As reported earlier by BCR News, HSBC Innovation Banking, formerly Silicon Valley Bank’s UK arm, placed Stenn Assets UK and…
#HSBC#Silicon Valley Bank#Stenn
IFC and Ethiopia's Awash Bank have partnered to support increased trade in Ethiopia. The partnership will provide local businesses with…
#Aliou Maiga#Awash Bank#Global trade finance programme
Non-performing loans (NPLs) remain stable in European economies where the European Bank for Reconstruction and Development (EBRD) operates, despite persistent…
#bad loans#EBRD#NPL Monitor
IFC and The Hongkong and Shanghai Banking Corporation Limited (HSBC) today announced the signing of a US$1bn risk-sharing facility that…
#HSBC#IFC#trade finance
Supply chain financing (SCF) is on the brink of another seismic shift. Nirav Choksi (pictured), CEO & Co-founder at CredAble…
#CredAble#Nirav Choksi#scf
One of the UK’s largest credit insurers, Atradius, has reported a 10 per cent drop in claims from UK businesses…
#Atradius
Douglas Grant, Managing Director at Manx Financial Group, comments on how UK SMEs in 2025 will face significant challenges and…
#agility#Douglas Grant#Manx Financial
Synovus has launched its newest initiative, AccelerateTM Trade, a portal for international business clients to manage global trade finance products…
#AccelerateTM Trade#Banking as a Service#Katherine Weislogel
The International Factoring Association (IFA) has announced that Robert Center, Senior Relationship Manager at Quasar Capital, has been selected to…
#IFA#International Factoring Association#Madison Majecki