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EDB and RAKBANK unveil landmark AED 1bn MSME fund

In a major boost for UAE-based micro, small and medium enterprises (MSMEs), Emirates Development Bank (EDB) and RAKBANK have announced the launch of a co-financing partnership totalling AED 1bn (US$272m) to catalyse growth in national priority sectors. The landmark initiative...

#ADNEC Centre#Emirates Development Bank#Ministry of Industry and Advanced Technology

Shape Robotics secures multi-facility financing package from UniCredit Romania

Shape Robotics has secured a significant financing agreement with UniCredit Romania, aimed at boosting liquidity, supporting strategic projects, and scaling…

#Shape Robotics#Unicredit


Mandula Moments: Impact of trade wars and tariffs on...

Introduction Since the outset of the current trade war and tariffs being proposed and imposed globally, there has been a…

#Mark Mandula#tariffs#trade wars


Blooms secures US$2.6m to expand trade finance platform

Blooms, a Wilmington-based fintech startup, has raised US$2.6m in a seed funding round to fuel its technology development and regional…

#AI#Blooms#cross-border trade


Bridging the gap: How new investors are reshaping trade...

The pace of change in the world of trade finance is finally picking up, and it’s safe to say that…

#alternative funders#asset class#capital requirements


Glovo and finmid partner to offer instant lending

Glovo, one of the leading technology platforms across Europe, Central Asia, and Africa, has partnered with finmid, the all-in-one infrastructure…

#finmid#Glovo#technology platform


Allianz Trade releases Allianz Trade Global Survey

Allianz Trade’s exclusive new survey, which took the pulse at the peak of the US trade war (before and after…

#Allianz Trade#Allianz Trade Global Survey#trade war


Paragon Bank raises threshold for automatic SME lending decisions

Paragon Bank has announced an immediate increase in its threshold for automatic lending decisions within its SME Lending division, raising…

#John Phillipou#Paragon Bank


IFC boosts trade finance in West Africa with new...

IFC has announced new partnerships with Coris Bank International in Benin and Togo and Banque El Amana in Mauritania that…

#Banque El Amana#Coris Bank International#Global trade finance programme


IDB Invest finances Laki to strengthen SCF in Guatemala,...

IDB Invest provided an up to US$50m financial package to Laki and its subsidiaries to increase access to short-term financing…

#IDB Invest#Laki#supply chain finance


BII and Standard Chartered join forces for trade finance...

Standard Chartered, a leading international cross-border bank, and British International Investment (BII), the UK’s development finance institution and impact investor,…

#British International Investment#Standard Chartered#trade finance


British Business Bank commits £40m to Frontier Development Capital

The British Business Bank has committed £40m to Frontier Development Capital’s (FDC) new £81.5m Evolution Fund to support the growth…

#Adam Kelly#British Business Bank#Evolution Fund

Apex Capital Corp partners with Transflo to enhance factoring...

Transflo today announced that Apex Capital Corp (“Apex”), a leading global provider of freight factoring services, has joined the Transflo…

#Apex Capital Corp#Renee Krug#Transflo

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