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Fintech in receivables finance- strategic positioning and cooperation

In my first corporate job (I moved there from banking), I got a great pitch from one of the major banks that started with an explanation of what a brilliant solution they had developed, describes Igor Zaks, CFA Co-founder and...

#40Seas

Atradius comments on BoE holding interest rates

With the Bank of England (BoE) holding interest rates ahead of today’s General Election, James Burgess (pictured), head of commercial and…

#Atradius#Bank of England#interest rates


Firemind signs invoice discounting agreement with Cynergy Business Finance

London-based Firemind Ltd (Firemind) has secured a £1m invoice discounting facility from Cynergy Business Finance (CBF).Founded in 2018 by Ahmed Nuaman and Charlie…

#Cynergy Business Finance


Hawaiian Electric secures $250m asset-based lending facility approval

Hawaiian Electric Company has received approval from the Public Utilities Commission for an asset-based lending facility credit agreement, enabling short-term…

#asset based finance


A third of business owners biggest challenge in 2024...

While social media influencers are quick to showcase the highs of their entrepreneurial lifestyles - with 147.3 million TikTok posts…

#digital#inflation#interest rates


Atradius sees 59% decline in payment defaults for food...

One of the UK’s leading trade credit insurers, Atradius, has revealed that the number of claims for late or failed…

#Atradius


Fintech TRIVER raises £2.5m to expand access to working...

Fintech TRIVER has raised £2.5m to support their business development by providing more working capital finance for UK SMEs. The new funding…

#embedded invoice finance#Triver


Italian factoring market surpasses €113bn in turnover, showing 2.46%...

In the first five months of the year, the Italian factoring market surpassed €113bn in turnover, representing 14 per cent…

#supply chain finance


Allianz Trade and BPL Launch API integration to streamline...

Allianz Trade,  a global provider of credit insurance and risk management solutions, and specialist credit and political risk insurance broker…

#Allianz Trade


EBRD promotes modern retail standards in Uzbekistan

The European Bank for Reconstruction and Development (EBRD) is supporting further development of modern retail standards and e-commerce in Uzbekistan…

#working capital finance


Validus Group secures $17.57m to support Indonesian SMEs

Validus Group, a Singapore-based digital SME financing platform, has secured US$17.57m in debt financing from Oikocredit and FMO to support…

#debt financing


TeamSystem acquires 61% stake in Milan fintech Change Capital

Italian business software solutions provider TeamSystem has acquired a 61 per cent majority stake in Change Capital, a Milan-based fintech…

#AI#cash-flow#digital

Crane Operator Specialist Secures £3.85m from Praetura Commercial Finance

Millennium Personnel Services (MPS), a provider of specialist qualified crane operators for the construction sector, has secured a £3.85m funding…

#commercial finance#funding#invoice

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