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The growth of receivables finance

While economic carnage, cost-cutting and growing regulatory burdens triggered the retreat in 2020 of several banks from trade and receivables finance, asset managers, family offices and alternative investors are piling in to plug the gap. Ben Grant, the Head of Partnerships...

#anti-money laundering#international#invoice

First Citizens and CIT receive stockholder approval to merge

First Citizens BancShares, the parent company of First Citizens Bank & Trust Company... (more…)

#CIT#First Citizen


LM Funding announces settlement of Borq Technologies loan agreement

LM Funding America, Inc. (LM Funding or LMFA), a technology-based specialty finance company... (more…)

#assignment#funding#interest


Tungsten Network to extend partnership with Orbian to boost...

Global business transaction hub Tungsten Network will be extending a partnership with Orbian, a global supply chain finance provider, to…

#cash-flow#digital#invoice


Arbuthnot Commercial ABL backs MBO of MDS Civil Engineering...

Arbuthnot Commercial Asset Based Lending has provided a... (more…)

#Artbuthnot Commercial ABL


US asset financier acquires ABL provider

IDS, a US provider of asset and equipment finance technology has completed the ... (more…)

#IDS


iwocaPay becomes Xero’s first invoice checkout integration

iwoca, one of Europe’s largest small business lenders, is ... (more…)

#fintechs#invoice#payment terms


Egypt launches second phase of e-invoice system

Egypt’s Minister of Finance, Mohamed Maait, announced the launch of the second phase... (more…)

#digital#digital transformation#electronic invoice


PTSB partners with Bibby to offer invoice finance for...

Permanent TSB (PTSB) is moving deeper into SME banking by forming a novel partnership with... (more…)

#bank#invoice#SME lending


Indian firm launches supply chain finance platform

Asian B2B commerce company...has announced its foray into... (more…)

#Credlix#Moglix


The Bank of Spain warns that 40% of companies...

The Bank of Spain believes that 40% of Spanish companies have... (more…)

#COVID-19#SMEs finance


Colombian fintech launches digital factoring service for SMEs

The Colombian fintech ... created a new factoring product 100% digital... (more…)

#digital factoring

MITECH launches MITECH Lab to coordinate the next generation...

Since early January, MITECH has been reorganising all new product initiatives under... (more…)

#Mitech

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