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UK Chancellor’s spring statement raises comments from SMEs lenders

Following the UK Chancellor’s spring Statement, Stephen Whelan, business relationship manager at Spotcap UK, shares his views... (more…)

#British business#small businesses#smes

Close Brothers asset finance book grew in H2 2017

Close Brothers’ commercial finance book, comprising asset and invoice finance, hit... (more…)

#acquisition#commercial finance#invoice


South African firm’s acquisition of UK asset-based lender gets...

A court has approved ...’s ZAR 20bn (£1.1bn) acquisition of UK-based specialist lender ..., with the expectation that ... (more…)

#Aldermore#asset-based lender#bank


Factoring company opens new branch in Peru

With an export-driven economy ruled by free trade, Peru has become a leading force in Latin America, marked by rates…

#international#International Trade#non-recourse factoring


Indian invoice finance platform TReDS needs credit cover to...

While businesses and lenders are coming around to the utility offered by electronic bill exchanges, the Trade Receivables Discounting System…

#bank#invoice#platforms


Abu Dhabi’s ADGM publishes proposed regulatory framework for alternative...

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) today published a discussion paper setting out its…

#alternative financing#financial services#platforms


US fintech tackles late payments with blockchain-based system

...has announced the closing of a USD 3.8m financing round, which was led by... (more…)

#blockchain#funding#Fuse


The limits of tech on late B2B payments

When auditing giant KPMG assessed corporate compliance of government requirements to report supplier payment habits, the company made a concerning…

#commercial finance#international#invoice


US Chamber of Commerce to support change of legislation...

The US Chamber of Commerce is voicing its support for legislation that would ease regulatory burdens for the nation’s community…

#SME lending


Estonian online invoice financier secures £500,000 funding

Estonian peer-to-peer lending platform Investly has successfully secured its initial £500,000 funding target through Seedrs. The equity crowdfunding round has so…

#bank#international#invoice


EU Federation appoints new Executive Committee

Françoise Palle-Guillabert is confirmed as the new chair of the EU Federation, the European Association of Factoring... (more…)

#EU Federation


US partnership for invoice automation, supplier enablement and dynamic...

...a global IT consulting and strategy provider, and ... a Silicon Valley fintech Software-as-a-Service (SaaS) company that specializes in automating accounts…

#accounts payable#invoice#management

How APIs are changing finance

Application programming interfaces (APIs) are becoming increasingly sought after in the banking world as financial institutions look to... (more…)

#API

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