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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 Hudson, Firemind is an Amazon Web Services (AWS) Advanced Partner specialising in AI, ML, data, and analytics. Firemind builds solutions...
#Cynergy Business Finance
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
While social media influencers are quick to showcase the highs of their entrepreneurial lifestyles - with 147.3 million TikTok posts…
#digital#inflation#interest rates
One of the UK’s leading trade credit insurers, Atradius, has revealed that the number of claims for late or failed…
#Atradius
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
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, a global provider of credit insurance and risk management solutions, and specialist credit and political risk insurance broker…
#Allianz Trade
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, a Singapore-based digital SME financing platform, has secured US$17.57m in debt financing from Oikocredit and FMO to support…
#debt financing
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
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
State Bank of India (SBI) has introduced 'MSME - Sahaj', a new web-based digital business loan solution aimed at micro,…
#bank#digital#invoice
Banca Ifis has successfully completed the restructuring of a securitisation worth €1.15bn involving proprietary factoring receivables.The securitisation, known as the…
#receivables