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India

CredAble’s NBFC joins SIDBI’s CGTMSE as a member lending...

In a landmark move to enhance credit availability for micro and small enterprises (MSEs), the Ministry of micro, small, and medium enterprises (MSMEs) and the Small Industries Development Bank of India (SIDBI) set up the CGTMSE—the credit guarantee fund trust...

#CGTMSE#CredAble#NBFC

MonetaGo appoints Kalyan Basu as Managing Director for India

MonetaGo, a global leader in fraud prevention technology for financial institutions, is pleased to announce that Mr. Kalyan Basu has…

#Fraud Prevention#Managerial Appointment#MonetaGo


Veefin acquires TradeAssets to expand trade finance solutions

Veefin Group, a Mumbai-based fintech specialising in supply chain finance and digital lending solutions, has acquired Dubai-based TradeAssets through its…

#aquasition#supply chain finance#Trade Assets


KredX receives RBI approval to launch DTX, TReDS platform

KredX, India’s leading supply chain finance platform, has received the Reserve Bank of India’s (RBI) final approval to commercially launch…

#Anurag Jain#KredX#Manish Kumar


BillMart and Eqaro partner to boost trade finance solutions...

Indian SCF provider BillMart Fintech Private Limited (BillMart) and financial guarantees firm Eqaro Guarantees (Eqaro) have announced a strategic partnership…

#BillMart#Eqaro#trade finance


WFY’24: Indian factoring volume witnessed growth of 48% in...

“The only thing we can count on is uncertainty” – Albert Einstein (source Google). Ravi Valecha, CEO, India Factoring and…

#factoring#global trade finance#India Factoring and Finance Solutions Pvt Ltd


Indian SCF provider Quid Cash raises US$4.5m new capital

Indian supply chain finance fintech QuiD Cash has raised US$4.5m (around INR 382.3m) in a Pre-Series A funding round. The…

#Piyush Jain#QuiD Cash#supply chain finance


SCF platform Mintifi announces US$180m Series E funding round

Mintifi, India’s leading supply chain financing (SCF) platform, announced a Series E related fundraise of US$180m, co-led by Teachers’ Venture…

#Mintifi#Ontario Teacher's Pension Plan#Premji Invest


How SCF programmes will make MSME financing more accessible...

Supply chain financing (SCF) is on the brink of another seismic shift. Nirav Choksi (pictured), CEO & Co-founder at CredAble…

#CredAble#Nirav Choksi#scf


Integro launches SmartLender ESG platform for sustainable banking

Integro Technologies, part of Aurionpro, has launched the SmartLender ESG platform to help banks advance their Environmental, Social, and Governance…

#ESG#green finance#Integro Technologies


Prosus invests US$79.9m in supply chain financing startup Mintifi

Global technology investor Prosus has invested US$79.9m in Mintifi Pvt. Ltd, a Mumbai-based fintech company specialising in supply chain financing.…

#fintech#Mintifi#Prosus


Yubi Group and India Factoring partner to provide modern...

End-to-end debt lifecycle company Yubi Group (Yubi) have entered a strategic partnership with India Factoring, one of the country’s leading…

#factoring#FCI#fintech

M1xchange achieves double growth in H1FY25

M1xchange, India’s leading invoice discounting platform, has reported an impressive throughput of over ₹32,000 crore (US$3.85bn) in the first half…

#fintech#invoice discounting#invoice finance

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