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Sezzle secures US$150m receivables funding facility with Bastion

Sezzle Inc., a purpose-driven digital payment platform, is pleased to announce its new US$150m receivables funding facility secured with an affiliate of Bastion Management II LLC (Bastion). Bastion will act as the Administrative Agent for the lenders. The new facility...

#payment platform

Decipher Credit partners with Validis for instant SME Financial...

Decipher Credit, the leading loan origination and underwriting platform for financial institutions and private lenders, announced an exciting partnership with…

#receivables#SME lending#Validis


Softloans raises €1m to expand SME financing

Softloans, a fintech startup headquartered in Vilnius, Lithuania, has successfully secured €1 million in pre-seed funding to bolster its growth…

#digital#e-commerce#management


Unlocking investing in trade finance: Highlights from London Trade...

Last week in London, the offices of SMBC hosted a pivotal event in trade and investment: the Trade and Investment…

#digitisation#ETDA


Allica Bank turns profitable in three years

SME challenger bank Allica has achieved its first full year of profit just three years since opening its doors to…

#SME lending


Demica releases 2024 Benchmark Report for Banks in Trade...

Demica, a leading provider of supply chain finance solutions, has unveiled its 2024 Benchmark Report for Banks in Trade Finance.…

#supply chain finance


WFY’23: ‘China’s factoring industry continued to grow at 22.85...

IntroductionChina’s factoring industry continued to grow at 22.85 per cent to reach EUR 577bn in 2022 across the entire banking…

#Atradius#bank#management


SFNet: ABL commitments grew in 2023, with fewer new...

Economic twists and turns marked 2023 but the asset-based lending (ABL) market still saw growth in commitments of working capital,…

#bank#interest rates#Secured Finance Network


Inseego pays-off and terminates ABL facility 

Inseego Corp., a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises, and…

#cash management#liquidity#management


Codebase Technologies launches digital SCF solution

UAE based fintech, Codebase Technologies, has launched a fully automated and digital supply chain finance (SCF) solution to revolutionise MSMEs…

#supply chain finance


Lenvi comments on UK inflation announcement

Following Wednesday UK inflation announcement, Lenvi (formerly Equiniti), a leading lendtech for major UK lenders such as Santander, Barclays, Metro Bank and Admiral, has…

#Lenvi#Richard Carter


Aldermore announces appointments in ABL team

Aldermore has appointed Nicola Bonini as Business Development Manager for Invoice Finance and Nick Holmes as complex and asset based…

#ABN AMRO#Aldermore

Vivriti Capital provides INR 400m SCF solution to Source.One

Indian non-banking financial company (NBFC) Vivriti Capital, a specialist financier, has provided INR 400m (US$4.8m) receivables finance solution to Source.One,…

#supply chain finance

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