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MENA

Invoice Bazaar teams up with Cari for restaurant working...

Invoice Bazaar, a subsidiary of Triterras which is a leading fintech company focused on digital trade and supply chain finance, has announced a strategic collaboration with Rapid Cari Delivery Services, LLC (“Cari”), a prominent food delivery platform in Dubai. This...

#factroing#Invoice Bazaar#working capital

InvoiceMate performs first transaction on XDC Network blockchain using...

InvoiceMate, a Dubai-based blockchain invoice finance fintech, has carried out a successful pilot transaction, showcasing the tokenisation of an invoice…

#InvoiceMate#TradeFinex


Triterras collaborates with Mamun to facilitate trade finance in...

Triterras, Inc., a fintech company focused on digital trade and supply chain finance has announced a strategic alliance with... (more…)

#Ashish Srivastava#supply chain finance#Triterras


Phoenix Holdings consolidates credit activities in Phoenix-Gama, its SMEs finance...

Phoenix Holdings Ltd., a leading Israel-based financial, insurance, and investment group (Phoenix) has announced that it is consolidating its credit…

#financial services#guarantees#management


Saudi debt crowdfunding marketplace Lendo secures $28m in Series...

Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105m (US$28m) in Series B funding led by Sanabil…

#alternative financing#debt financing#Lendo


WFY’23: ‘Factoring volume has been growing over the last...

Factoring volume has been growing over the last few years since its introduction to the Egyptian market in 2005, said…

#World Factoring Yearbook


Egypt’s Beltone signs its first factoring agreement

Beltone Financial Holding ("Beltone"), one of the fastest growing financial institutions, announces that its wholly owned subsidiary Beltone Leasing and…

#financial institutions#leasing#Propel


UAE fintech startup Flow48 secures $25 million in pre-Series...

UAE-based fintech start-up Flow48, which provides SMEs with access to revenue-based financing, has secured US$25m in a pre-Series A funding…

#financial services#insurance#SME lending


African Development Bank supports Commercial International Bank with US$148m...

African Development Bank has signed a US$148m funding agreement for Commercial International Bank of Egypt to support trade finance and…

#African Development Bank


Beltone receives regulatory approval to provide factoring services in...

Beltone Financial Holding (Beltone), one of the fastest growing financial institutions in Egypt, announces its consolidated financial and operational results…

#acquisition#digital#financial services


SME Finance Facilitator programme unveiled in Abu Dhabi

The Abu Dhabi Department of Economic Development (ADDED) has launched the SME Finance Facilitator programme, in partnership with the Emirates…

#SME lending


DP World Trade Finance joins UTC platform to combat...

DP World Trade Finance has partnered with UAE Trade Connect (UTC) to combat invoice fraud across the UAE and revolutionise…

#DP World Trade Finance#UAE Trade Connect

Moroccan youth-led lending institutions receive a €100m investment from...

The European Bank for Reconstruction and Development (EBRD) announced that it is set to channel €100m in credit lines to…

#SME lending

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