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UnionBank to launch blockhain powered SCF platform with OneConnect...

OneConnect announced their partnership with Union Bank’s wholly-owned fintech subsidiary UBX to build what they claim to be the country’s first blockchain enabled platform geared towards meeting the banking needs of MSMEs in the Philippines. According to their press release,...

#UnionBank

Lloyds Bank Commercial Banking appoints invoice finance director

Lloyds Bank Commercial Banking has appointed an invoice finance director from within the company... (more…)

#Lloyds Bank Commercial Banking


Supply chain finance to be standardised

The trade finance industry encompasses a range of financial products all with a single goal... (more…)

#supply chain finance


Stenn closes £160m funding with Natixis to extend international...

Stenn, an international provider of cross-border trade finance, closed a £160m receivables securitisation... (more…)

#Natixis#Stenn


More financial institutions exposed to Camsing SCF fraud

Shockwaves caused by the detention of Camsing Global founder Lo Ching continued spreading through China’s finance sector ... (more…)

#e-commerce#international#invoice


Why only some factoring fintechs in Germany are successful

Of the various German factoring fintechs that were founded in recent years, at least... (more…)

#digital#digital factoring#Finiata


Wells Fargo Capital Finance names regional leaders in ABL...

Wells Fargo Capital Finance, part of Wells Fargo Commercial Capital, announced that it has completed its... (more…)

#bank#commercial finance#Jobs


German fintech Billie raises €30m in new funding

Billie, the Berlin-based fintech startup that offers a B2B invoice finance... (more…)

#Billie


German SCF fintech Traxpay appoints new board member

Fintech Traxpay, specialising in supply chain finance (SCF), hires former Accenture consultant... (more…)

#Traxpay


Number of Peruvian factoring fintechs to double in 2019

The fintech ecosystem in Peru is growing at an accelerated pace in recent years... (more…)

#alternative financing#blockchain#digital


UK invoice finance provider appoints new sales manager

...has secured Nick Gloyn as regional sales manager responsible for continuing to develop... (more…)

#Advantedge Commercial Finance


Egyptian MTI plans to merge e-payment platforms and develop...

M Group for Industry and International Trade (MTI) plans to merge its e-payment platforms... (more…)

#microfinance

German-based trade financer targets US$1bn for SMEs in India

...a digital lending platform offering finance to exporters in the small and medium enterprises (SMEs) segment, plans... (more…)

#Maersk#MODIFI

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