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Polish fintech PragmaGO signed an agreement to acquire a majority 89 per cent stake in Telecredit IFN S.A. (Omnicredit), a Romanian fintech offering financial services to the SME sector. The acquisition has an initial installment of EUR 5,785,000 to which...
#invoice finance#Omnicredit#PragmaGO
Challenges posed by fintech to the factoring industry Fintech, or financial technology, has brought about transformative changes across the financial…
#factoring#fintech#friend or foe
Ebury, the global financial technology firm, is delighted to announce the appointment of a new UK Head of Sales, Maxim…
#Ebury#fintech#Maxim Syn
The world saw various unprecedented events in 2023, ranging from political conflicts to volatile financial markets, stated Thomas Strahlhofer, CEO,…
#FactorBank#factoring#Thomas Strahlhofer
SWIAT GmbH (SWIAT), a fintech company specialising in the development of blockchain software for an open, decentralised financial market infrastructure,…
#blockchain#Olea#SC Ventures
Forward Financing announced that the company increased their existing US$250m credit facility to US$450m. “This significant expansion of our credit…
#Christopher Chiou#Forward Financing
As instant payment volumes grow in 2025, banks must prioritise resilience, scalability, and speed of recovery. Barry Rodrigues, EVP, Payments…
#Barry Rodrigues#cross-border payments#fraud risk
“The collaboration between financial institutions, underwriters and technology platforms may well be the key to strengthen the supply chain ecosystem…
#MENASCF24#Niraj Kumar#supply chain finance
On 16th of September, Congressman Lucas introduced the Capital Access for Small Businesses Harmonization Act or the CASH Act. The…
#American Factoring Association#CASH Act#Congressman Lucas
Following today’s interest rates news, James Burgess, Head of Commercial and Insolvency expert at Atradius UK, said: "After years of…
#Atradius#Douglas Grant#interest rates
Consumer Portfolio Services (CPS) has concluded its fourth term securitisation of 2024, totaling US$416.82m in asset-backed notes. The notes are…
#asset/backed notes#Consumer Portfolio Services#CPS
Catamount Funding (Catamount), a US provider of receivables finance solutions, has announced the launch of a new product, purchase order…
#cash flow constrains#Catamount Funding#purchase order financing
Bizongo, a B2B specialist in supply chain financing (SCF) has launched BizongoFin and BizongoBuy, two new platforms. Backed by Accel…
#Bizongo#BizongoBuy#BizongoFin