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New banks have come on-board the invoice discounting platform Invoicemart. The recent addition, Allahabad Bank, Standard Chartered Bank, Vijaya Bank and Yes Bank, takes the total number of financiers on the platform to 10. Invoicemart, a TReDS (trade receivable discounting system)...
#bank#interest rates#invoice
The Mumbai headquartered...has signed a pact with Receivables Exchange of India Ltd (RXIL) as a TReDS (Trade Receivables Discounting System)…
#bank#digital#invoice
Post raising US$4.7m funding round in January 2018, Ahmedabad-based SME lending platform... (more…)
#bank#platforms#SME lending
...a UK-headquartered fintech company whose platform digitalises and automates trade finance, has hired... (more…)
#AI#artificial intelligence#bank
Since its inception, factoring business has made a significant progress in India. Considering the large... (more…)
#assignment of receivables#invoice#management
Micro, Small and Medium Enterprises (MSMEs), play an important role in the economic fabric of India yet decades after Independence…
#bank#digital#receivables
...a regtech blockchain startup, working in the identity verification space, has teamed up with cryptocurrency exchanges in India to improve...…
#blockchain#Cryptocurrency#RegTech
...a digital invoice discounting platform for MSMEs, expects to process business volumes of ₹11,000 crore (US$1.7bn) in next two years...…
#bank#exporters#invoice
Intellect Global Transaction Banking (iGTB), the transaction banking and technology specialist from Intellect Design Arena Limited, has implemented a comprehensive…
#bank#international#payable finance
Just a few years ago, India’s nascent fintech sector would seem incongruous with the country’s cash-dominant economy and digitally... (more…)
#bank#invoice#management
As the Indian economy attempted to move from an agrarian economy and adopted economic plan to foster industrialization, major policies…
#bancruptcy
Mumbai-based digital SME lending platform FlexiLoans has raised an institutional debt funding of about US$7m (INR45 Cr) from Financial Institution(s).…
#platforms#SME lending#smes
To support the growth of such businesses in the country, SME financing enabler in India, Indifi Technologies has launched Invoice…
#e-commerce#invoice#management