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ABN AMRO has announced a significant strategic shift in its Asset-Based Finance (ABF) division, aiming to reduce its international footprint and focus on long-term profitability, with an orderly wind-down of non-strategic client portfolios, particularly in the UK, and a reorganisation...
#ABN AMRO#asset based lending#factoring
The British Business Bank has announced an increase to its ENABLE Funding commitment to Simply Asset Finance (“Simply”), one of…
#asset based lending#British Business Bank#invoice finance
Santander Corporate & Investment Banking (“Santander CIB”), Santander’s global division that supports corporate and institutional clients, and Pemberton Asset Management…
#Inventory finance#Santander CIB#supply chian finance
Aldermore Bank has provided a multi-million-pound asset-based lending (ABL) facility to Michael Capewell’s Astwood Group, enabling the acquisition of T.D.…
#ABL#Aldermore#sme finance
Recognition for iwoca’s commitment to SME lending The Lending Standards Board (LSB) announced that iwoca, one of Europe’s largest SME…
#iwoca#sme finance
Mynd Fintech, a subsidiary of M1xchange and a leading digital lending marketplace, is strengthening its partnership with Fiducia Data Services…
#Fiducia#fintech#M1xchange
Global technology investor Prosus has invested US$79.9m in Mintifi Pvt. Ltd, a Mumbai-based fintech company specialising in supply chain financing.…
#fintech#Mintifi#Prosus
The British Business Bank (BBB) launches the Community ENABLE Funding (CEF) programme, which is designed to increase the availability of…
#British Business Bank#Community Funding programme#debt finance
While still relatively new to the Georgian market, factoring has seen a notable increase in popularity in recent years, especially…
#factoring#Georgian factoring market#Tamara Khizanishvili
Demica, a leading fintech in supply chain finance, whose platform is used by the world’s leading trade banks and corporates…
#assets under administration#Demica#Matt Wreford
Geidea, a leading provider of digital payment solutions in the Middle East, is set to launch its innovative SoftPos service…
#data protection#digital#digital transformation
IFC, a member of the World Bank Group, is investing US$50m in City Bank PLC to help SMEs in Bangladesh…
#City Bank#IFC#Mashrur Arefin
Hancock Whitney, an American bank, has named Matt Mouledous managing director of its asset based lending (ABL) division, Hancock Whitney…
#asset based lending#Hancock Whitney#Matt Mouledous