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Time Finance expands block discounting facility with Cynergy Business...

Time Finance, the alternative finance provider, has extended its block discounting facility with Cynergy Business Finance (CBF), the asset-based lending (ABL) arm of Cynergy Bank, now totalling £15m.In line with its growth strategy, Time Finance sought additional capital to support...

#Cynergy Business Finance

Malayan insurance teams up with Atradius for trade credit...

Malayan Insurance Co. Inc., a Philippine non-life insurance firm, has teamed up with Dutch Atradius Credito y Caucion S.A. de…

#Atradius


HSBC Singapore backs Indonesian fintech Akulaku with $100M debt...

Indonesian fintech Akulaku Group announced that it has secured US$100m in debt financing from HSBC Singapore.Akulaku aims to deepen its…

#BNPL


Maybank partners with Doxa Holdings to boost SCF

Maybank, a financial services firm based in Malaysia, has entered a memorandum of understanding (MOU) with Singapore's Doxa Holdings International,…

#supply chain finance


WFY´23: Danish factoring market recorded a good performance

In 2022 the Danish economy grew by 3.8 per cent, roughly on a par with the EU, which reported an…

#GDP#interest rates#pandemic


GHIB to develop trade finance in Sub-Saharean Africa

The Ghana International Bank (GHIB) has committed to address the urgent trade needs across Sub-Saharan Africa.During the 65th anniversary of…

#bank#financial institution#Ghana Cocoa Board


More than 150 representatives from the European factoring market...

On 21 and 22 March, FCI and The EU Federation for Factoring & Commercial Finance (EUF) hosted the 9th EU…

#EU Federation


Fausto Galmarini is re-elected Chairman of EUF

Mr. Fausto Galmarini, a member of the Executive Committee of Assifact, the Italian Factoring Association, has been re-elected as Chairman of…

#ASSIFACT#commercial finance#Fausto Galmarini


Invoicemart reached INR 10bn invoice finance milestone

Invoicemart, India’s largest Trade Receivables Discounting System (TReDS) platform, has witnessed exponential growth in invoice financing volumes in the last…

#invoice#Invoicemart#receivables


Atradius comments on interest rates news

Following today’s interest rates news, James Burgess (pictured), head of commercial and insolvency expert at Atradius UK, says:“The tide has…

#Atradius#interest rates#ONS


How receivables finance help achieve greater financial inclusion? 

When any of us decide to borrow money, where do we turn for it? Do we ask our friends or…

#financial inclusion#Mark Mandula

Latam trade finance platform raises US$12m new funding

Marco, a Latam trade finance platform for SME exporters, has announced the successful closure of a US$12m Series A funding…

#bank#exporters#smes

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