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Poland

EBRD and Bank Millennium launch first joint synthetic securitisation...

The European Bank for Reconstruction and Development (EBRD) is advancing the broader use of innovative financial instruments in Poland by signing a synthetic securitisation deal and new lending commitment with Bank Millennium. It is the EBRD’s second capital relief transaction...

#factoring#guarantee#receivables securitisation

PragmaGO acquires Romanian fintech Telecredit for €5.8M

Enterprise Investors-backed Polish fintech PragmaGO, one of Poland's largest non-banking financial institutions serving small and medium-sized enterprises (SMEs), has acquired…

#aquasition#factoring#fintech


YouLend and Tpay partner to boost SME financing

YouLend, a global leader in embedded finance, has partnered with Polish payment services provider Tpay to offer flexible financing solutions…

#embedded finance#embedded lending#YouLend


PKO Faktoring reports 50% turnover growth in H1 2024

PKO Faktoring reported a turnover exceeding PLN21.5bn (€5.037bn)  in the first half of 2024, marking a 50 per cent year-on-year…

#factoring#PKO Faktoring#Polish Factors Association


Polish factoring market returns to growth

In the first six months of this year, Polish factoring companies associated with the Polish Factors Association (PZF) recorded a…

#factoring#Polish Factoring Association


Comarch’s holds user group meeting in Krakow

Comarch’s annual user group conference was held at their sprawling campus headquarters in Krakow on Tuesday and Wednesday of this…

#Comarch#conference#insurance


2023: Polish factoring industry sees marginal turnover decrease amidst...

The Polish factoring industry concluded 2023 with a marginal 2.3 per cent decrease in turnover. However, this decline is an…

#Polish Factors Association


Polish factoring poised to return to growth in 2024

The factoring market experienced a modest decline in turnover by the close of 2023. However, a resurgence is expected in…

#bank#banks#fintechs


Poland postpones mandatory e-invoicing implementation due to system errors

Poland's ambitious plan to introduce mandatory e-invoicing on July 1, 2024, has hit an unexpected roadblock, leading to Finance Minister…

#poland


BNP Paribas launches microfactoring with Monevia

Bank BNP Paribas and BNP Paribas Faktoring have entered into a partnership with fintech Monevia - a leading  Poland's online…

#bank#digital#invoice


Polish factoring market cools down in Q3

The third quarter of 2023 brought the expected but long-unseen decline in turnover to the factoring industry, as reported by the…

#Executive Committee#PZF#receivables


Polish construction sector drives factoring demand

According to data from NFG, a Polish factor, up to 3/4 of sole proprietorships across the country may be trapped…

#bank#invoice#receivables

Polish factor reaps benefits of exceptional market growth

Nearly PLN 6.3m (€1.419m) in six months of 2023 - this is the total value of receivables purchased by AFORTI…

#PZF

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