Invoice discounting marketplace secures USD6.25m funding

KredX, an invoice discounting marketplace for micro, small, and medium enterprises (MSMEs), has announced that it has secured US$6.25m in Series A funding led by Sequoia India. Existing investor Prime Venture Partners also participated in this round

EUF announces factoring summit agenda

The EU Federation for the Factoring and Commercial Finance Industry (EUF) has announced the Agenda of the 3rd Annual Factoring Summit to be held in Madrid on Thursday 26th January 2017

Invoice finance blockchain piloted

Emirates NBD and ICICI Bank have reported that they have partnered with a subsidiary of Indian technology company Infosys on a pilot blockchain solution for trade finance

New factoring platform released

Fidis.GmbH has announced the launch of the online FACT.boarding platform which it reports allows banks and factoring providers to sell their factoring services online for the first time

New factoring website launches

Factoring Journal, an online resource including information regarding invoice factoring and accounts receivable financing, has announced the launch of its brand new website

PrimeRevenue’s latest hire

PrimeRevenue, Inc., the global working capital finance solutions company, has announced that it has added Dominic Capolongo to its executive team as Executive Vice President and Head of Global Funding