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EBRD, EU and Bank Respublika to support Azerbaijani MSMEs

The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to US$7.5m (€7m) in local currency to Bank Respublika, one of Azerbaijan’s leading commercial banks. That partner bank will lend the proceeds on to micro, small...

#Bank Respublika#EBRD#European Fund for Sustainable Development Plus

EBRD partners with CIB to boost SME financing in...

The European Bank for Reconstruction and Development (EBRD) is extending an unfunded portfolio risk-sharing facility for up to €25m to Commercial…

#EBRD#risk sharing agreement#sme finance


Allianz Trade forecasts BNPL market to double by 2028

A new report by Allianz Trade, a world-leading trade credit insurer, highlights the growing popularity of Buy Now, Pay Later…

#Allianz Trade#BNPL


M1xchange achieves double growth in H1FY25

M1xchange, India’s leading invoice discounting platform, has reported an impressive throughput of over ₹32,000 crore (US$3.85bn) in the first half…

#fintech#invoice discounting#invoice finance


ANZ partners with CitoPlus to transform SME loan applications

ANZ and CitoPlus have announced a strategic partnership – through ANZ's external innovation and investment partner, 1835i – to launch…

#ANZ#CitoPlus#digitisation


Finacity launches US$50m Lender Finance Program for VoloFin

Finacity Corporation, a White Oak Global Advisors company, has successfully structured a new Lender Finance Program for VoloFin Pte Ltd,…

#factoring#Finacity#fintech


Ultimate Finance increases Working Capital loans to £500k

UK’s asset-based lender Ultimate Finance has announced an enhancement to its Working Capital proposition by increasing its maximum cashflow loan…

#asset based finance#asset based lending#sme finance


Lendscape accelerates US expansion with new partnership

Lendscape, a leading technology provider to the global secured finance market, is excited to announce its partnership with prominent finance…

#factoring software#Lendscape#partnership


Peru’s factoring market expands by 40% in 2024

The Ministry of Production (Produce) in Peru has reported significant growth in financing for micro and small enterprises (MSEs) through…

#factoring#Produce


Italian factoring: strong performance despite challenges

Despite ongoing economic challenges, including weaker industrial production and falling prices, the Italian factoring market is on track for steady…

#ASSIFACT#factoring


Latvia: Cabinet approves e-invoicing framework under revised Accounting Law

The Latvian Cabinet of Ministers has approved amendments to the Accounting Law. These changes lay the groundwork for a phased…

#digitisation#e-invoices#legislation


EFG Hermes completes valU’s EGP 667.3M receivables securitised bond

EFG Hermes, a leading investment bank in the MENA region and a subsidiary of EFG Holding, has completed its 12th…

#receivables securitisation

WFY’24: Egypt sees increase of factoring volumes in 2023

Factoring volume in Egypt has been growing over the last few years since its introduction to the country’s financial market…

#Egypt Factors#factoring#Ghada Shams

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