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FFH invests in Lendingkart amid turbulent times

Lendingkart, India’s largest fintech company in the MSME (Micro, Small, and Medium Enterprises) lending space, is set for a transformative phase as Fullerton Financial Holdings (FFH) acquires a controlling stake in the company for up to ₹ 252 crore (US$...

#fintech#investment#MSME finance

Nigeria’s senate advances Factoring Bill

The Nigerian Senate has taken a significant step towards improving the financial landscape for Micro, Small, and Medium Enterprises (MSMEs)…

#factoring#factoring legislation


BNY Mellon and Mizuho Bank forge landmark agreement to...

The Bank of New York Mellon Corporation ("BNY") and Mizuho Bank, Ltd. (“Mizuho Bank”), the banking arm of Mizuho Financial…

#BNY Mellon#International Trade#Mizuho Bank


Banco Central do Brasil adds receivables discounting to Drex...

The Banco Central do Brasil (BCB) recently unveiled the second phase of its Drex Pilot, the initiative aimed at developing…

#BCB#invoice discounting#smart contracts


Estonian fintech Tuum ventures into Sharia-Compliant ABL

Tuum, a next-generation core banking provider from Estonia, has launched its foundational Islamic Banking and Finance solutions, marking a significant…

#asset based lending#fintech#invoice finance


ICC launches new principles for sustainable trade finance at...

The International Chamber of Commerce (ICC) has introduced the Principles for Sustainable Trade Finance (PSTF) during Sibos 2024 in Beijing.…

#ICC#supply chain finance#sustainability


WFY’24: Factoring in China continued to grow in 2023

Factoring in China continued to grow (10 per cent increase - according to FCI - compared to 2022) in 2023,…

#Chris Wohlert#Wells Fargo Commercial Distribution Finance#WFY'24


Small Business Commissioner to launch new Fair Payment Code...

The Small Business Commissioner, with the support of the Department of Business and Trade, will be launching a new Fair…

#Fair Payment Code#Gareth Thomas#late payments


Reserve Bank of India takes action against four NBFC

The Reserve Bank of India has yesterday, in exercise of its powers under Section 45L(1)(b) of the Reserve Bank of…

#Pricing Policy#Regulated Entities#regulatory


EU and EBRD back ProCredit Bank in Moldova to...

Moldovan businesses are set to benefit from greater access to finance as the European Bank for Reconstruction and Development (EBRD),…

#EBRD#EU#EU4Business-EBRD Credit Line


Naomi Campion is appointed BDM to Time Finance’s invoice...

Time Finance is announcing the appointment of Naomi Campion as a Business Development Manager in its invoice finance team. Naomi…

#Adrian Payne#asset based lending#invoice finance


Finastra and LPBank partner for digital transformation

Finastra, a global provider of financial services software applications, has announced the implementation of its front-to-back treasury solution, Kondor, at…

#Finastra#Fortune Vietnam Joint Stock Commercial Bank#Ho Nam Tien

Helena Warne joins Bibby Financial Services to drive growth...

Bibby Financial Services (BFS) has appointed Helena Warne as Business Development Manager for Wales to grow its funding support for…

#Bibby Financial Services#Helena Warne#Lloyds Banking Group

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