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Businesses across sub-Saharan Africa that face working capital challenges, stand to benefit from a new partnership between DP World Trade Finance and Nedbank Corporate and Investment Bank (“Nedbank CIB”). The partnership includes initiatives in supply chain finance for DP World’s...
#DP World#Nedbank#trade finance
PKO Faktoring reported a turnover exceeding PLN21.5bn (€5.037bn) in the first half of 2024, marking a 50 per cent year-on-year…
#factoring#PKO Faktoring#Polish Factors Association
In its third recent acquisition, the Veefin Group of Companies has acquired EpikIndifi, a digital lending platform, in a cash…
#aquasition#digital lending#EpikIndifi
The Bank of England is aligning with the US Federal Reserve by relaxing capital requirements for lenders under the Basel…
#capital requirements#PRA#SME lending
Fora Financial, a leading provider of financing to small and medium-sized businesses (SMBs) across the United States, announced today the…
#account receivables#Fora Financial#receivables securitization
HABIBMETRO, a Pakistani subsidiary of Swiss bank Habib Bank AG Zurich, has entered into a strategic partnership with Pak Suzuki…
#HABIBMETRO#Pak Suzuki#supply chain finance
Credlix, a Mumbai-headquartered international supply chain financing platform, has expanded into Mexico with a US$50m investment from Moglix, Asia's largest…
#Credlix#export finance#Moglix
Kredit Hero, Asia’s first AI-powered lending marketplace for small and medium-sized enterprises (SMEs), has expanded its operations to the Philippines,…
#AI#artificial intelligence#SME financing
Unimarket, a leading provider of spend management solutions, in partnership with Finexio, is excited to announce the launch of the…
#Finexio#payment fraud#Unimarket
1st Commercial Credit LLC is announcing today the expansion of its financial services with the launch of international invoice factoring…
#1st Commercial Credit#international factoring#Raul Esqueda
Atradius, a global credit insurer, and Mondu, a Buy Now Pay Later (BNPL) fintech offering, have announced their cooperation aiming…
#Andreas Tesch#Atradius#buy now pay later
Factoring and invoice finance continued to grow in prominence in Australia’s financial ecosystem in 2023, serving as vital tools for…
#Australian Banking Association#Craig Michie#ScotPac Business Finance
Benefits of fintech to the factoring industry I am going to in this series point out what I believe are…
#factoring#fintech#Mark Mandula