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CredibleX, an Abu Dhabi, UAE-based provider of a working capital finance platform for SMEs, raised US$55m in Seed funding. The round consisted of a Seed equity investment from Further Ventures, and participation in debt from Kilgour Williams Capital, Berkley Square...
#CredibleX#fintech#receivables finance platform
40Seas, a platform specialising in trade finance and global accounts receivable management for SMEs, has launched a new strategic partnership…
#40Seas#accounts receivables finance#China Freight
HSBC has announced the appointment of Arpana Amin as its new Global Head of Supply Chain Finance. Amin, based in…
#HSBC#Managerial Appointments#supply chian finance
Billboxx, the integrated billing to payment platform aimed at ensuring timely payments for businesses across Africa, has successfully closed a…
#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