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Global technology investor Prosus has invested US$79.9m in Mintifi Pvt. Ltd, a Mumbai-based fintech company specialising in supply chain financing. This investment grants Prosus a 10.65 per cent stake in Mintifi, valuing the company at approximately US$750m. Mintifi, backed by...
#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
eCapital Corp. (eCapital), a leading tech-enabled finance provider specialising in tailored solutions for businesses across North America and the United…
#ABL#accounts receivable#asset based lending
The International Finance Corporation (IFC), a member of the World Bank Group, has announced a US$30m anchor investment in Nexxus…
#financing gap#IFC#sme finance
Hedaya Capital Group (Hedaya Capital) recently provided a US$5m factoring/inventory financing facility to a New York-based wholesale manufacturer of licensed…
#Cash flow#factoring#Hedaya Capital
While most countries across South-East Asia, the Middle East, Africa and Latin America have Real-Time Gross Settlement (RTGS), Automated Clearing…
#CMA#Igor Kozintsev#international payments
At the inaugural Trade Finance Conference of Parties (TF COP), the International Trade and Forfaiting Association (ITFA) introduced the Washington…
#IFC#ITFA#trade finance
NFusion Capital has provided US$2.5m ABL facility for a US coffee producer. Kitu Life, Inc., also known as Super Coffee,…
#asset based lending#Jason Lippman#Jordan DeCicco