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EBRD takes minority equity stake in Tamweely Microfinance

The European Bank for Reconstruction and Development (EBRD) is supporting Egypt’s privatisation agenda and boosting the competitiveness of the private sector by taking a minority equity stake in Tamweely Microfinance S.A.E, the country’s leading non-bank financial services company, specialising in serving...

#EBRD#Micro Finance Institutions

FlapKap secures US$34m in funding to expand SME financing...

FlapKap, the Abu Dhabi-based fintech platform specialising in revenue-based and embedded financing for MENA SMEs, has secured US$34m in a…

#A15#BECO Capital#fintech


kompasbank receives EUR5.5m boost to expand SME financing

kompasbank, a Danish digital business bank for small and medium-sized enterprises, has secured €5.5m from investors aimed at advancing the…

#kompasbank#sme finance


ScottsMiracle-Gro secures US$600m receivables finance facility from J.P. Morgan...

ScottsMiracle-Gro, a leading lawn and gardening supply manufacturer, has enhanced its financial flexibility with a new accounts receivable finance facility…

#accounts receivables finance#invoice finance#J.P. Morgan Payments


Concrete Pumping Holdings expands ABL facility to US$350m

Concrete Pumping Holdings, Inc. ("the Company"), a leading provider of concrete pumping and concrete waste management services in the U.S.…

#ABL#asset based lending#Bank of America


Aldermore’s SME Growth Index: Late payments cost SMEs £97k...

Over 3.6 million small and medium-sized enterprises (SMEs) in the UK, or 72 per cent, are dealing with outstanding late…

#Aldermore's SME Growth Index#late payments


Drip Capital Raises US$113m to expand trade finance for...

Drip Capital, a digital trade finance firm headquartered in Palo Alto, California, has raised US$113m in a new funding round,…

#Drip Capital#GMO Payment Gateway#IFC


Mandula Moments: Fintech – friend or foe to factoring...

Financial technology, or fintech, has revolutionised various aspects of the financial services sector over the past decade. This rapid transformation…

#accounts receivable#factoring#fintech


Tradewind Finance provides finance to Bulgarian trading companies

Tradewind Finance, an international trade finance provider, has announced credit facilities for two trading companies based in Bulgaria that specialise…

#Desislava Yordanova#Tradewind Finance#working capital


Demica facilitates US$400m trade receivables securitisation for Impellam Group

Providing unique expertise in trade receivables securitisation, Demica – the leading fintech specialising in working capital solutions – has supported…

#Demica#Impellam Group#Johannes Wehrmann


Tide platform reaches one million customers

Tide, the UK’s leading business financial platform, has reached one million customers (members) globally, a significant milestone for the company.…

#small business#sme finance#Tide


WFY’24: Strengthening fraud detection in factoring

In an era marked by economic uncertainty, the threat of fraud looms large over the financial landscape, said Kevin Day,…

#fraud#Kevin Day#Lendscape

M1xchange partners with NPCI Bharat PillPay Ltd

M1xchange, India’s TReDS (Trade Receivables Discounting System) platform, has announced its partnership with NPCI Bharat BillPay Ltd. to integrate M1xchange…

#M1xchange#Noopur Chaturvedi#NPCI Bharat BillPay

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