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IHC announces formation of Rorix Holdings, a global trading...

International Holding Company (IHC), the global diversified Abu Dhabi-based conglomerate, has formed Rorix Holdings, a groundbreaking global finance and trade facilitation company focused on financial services, trade finance, advisory, commodities and trade insurance sectors. The strategic move will lead to...

#financial services#international#International Trade

Coface publishes half year 2024 results

Coface confirms its very good start to the year with a net income of €142.3m, up 10 per cent. •…

#Coface#half year results#Xavier Durand


Mandula Moments: AI and its use in receivables finance...

Here is the next in my series on how AI and Gen AI are being utilised in the work force…

#AI#factoring#financial oversight


Polish factoring market returns to growth

In the first six months of this year, Polish factoring companies associated with the Polish Factors Association (PZF) recorded a…

#factoring#Polish Factoring Association


Global fintech investment drops in H1 2024, KPMG reports

2024 got off to a challenging start for the fintech market globally, driven by ongoing concerns related to geopolitical uncertainty…

#fintech#investment


SME Finance taskforce reveals 7-point plan to boost UK...

The SME Finance Taskforce, comprising major banks, alternative lenders, fintechs, accountancy software providers, payment schemes, credit reference agencies, and industry…

#alternative finance#fintech#sme finance taskforce


IFC and Citi launch US$500m sustainable SCF programme in...

International Finance Corporation (IFC) and Citi have agreed to implement a US$500m facility in Mexico as the first project under…

#ABL#Citi#IFC


Parag Ekbote appointed CEO of GlobeTF and Chief Business...

Veefin Solutions has appointed Parag Ekbote as CEO of GlobeTF, a Veefin's subsidiary specialising in Transaction Banking solutions. With nearly…

#Parag Ekbote#Veefin


SBA to launch 3-Year Working Capital Pilot for SMEs

The U.S. Small Business Administration (SBA) has recognised that its previous working capital line product was ineffective for lenders. Now,…

#asset based lending#SBA#sme finance


Cashflows joins Judopay to offer flexible funding for SMEs

Cashflows has announced that its flexible, fixed-fee business funding solution, Cashflows Advance, has been added to Judopay’s offering. The move…

#Cahsflows#Judopay#sme finance


NTT Data and Aeon Bank launch supply chain finance

NTT Data has partnered with Aeon Bank to create a supply chain finance system using iQuattro, centralising commercial flow data…

#Aeon Bank#NTT Data#supply chain finance


Monkey secures US$12m investment from DEG to expand receivables...

Monkey, Latin America's leading fintech for working capital financing, founded by Brazilian entrepreneurs Gustavo Muller, Bruno Oliveira, and Felipe Adorno,…

#accounts receivables finance#fintech#monkey

NatWest Group appoints Paul Edwards to lead ABL business

NatWest Group has announced that Paul Edwards has been appointed to lead the banking group’s asset finance business (ABL), Lombard,…

#Andy Gray#Ian Isaac#Lombard

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