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Blooms, a Wilmington-based fintech startup, has raised US$2.6m in a seed funding round to fuel its technology development and regional expansion. The funding aims to strengthen the company’s position in AI-driven trade finance, with a focus on exporters in Latin...
#AI#Blooms#cross-border trade
FactorGenie, a provider of advanced add-on software for the freight factoring sector, has formed a strategic partnership with Farelanes, a…
#FactorGenie#factoring#Farelanes
Beltone Holding (Beltone) announces that its wholly owned subsidiary, Beltone Leasing and Factoring, has successfully concluded its second securitisation issuance…
#Amir Ghannam#Attijariwafa bank#Banque du Caire
Verallia announces today that it has obtained the consent of its bank lenders to amend the change of control clause…
#BWGI#factoring#takeover bid
TAB Bank has structured a US$3m factoring line of credit for CNC Precision Machine Inc. to enhance the company’s cash…
#CNC Precision Machine#factoring#Marc Karyo
African Export-Import Bank (Afreximbank) has signed a EUR 15m factoring line of credit agreement with Banque Postale du Congo (BPC)…
#Afreximbank#Banque Postale du Congo#Calixte Tabangoli
eCapital Corp. (eCapital), a leading technology-enabled provider of financing solutions for small and medium-sized businesses (SMBs) across North America and…
#eCapital#factoring#Marius Silvasan
The Romanian Factoring Association (ARF) announces the results of the factoring market for 2024, highlighting an 8 per cent increase…
#Bogdan Rosu#domestic factoring#export factoring
ALF has released the 2024 statistics for the three sectors it represents, showing sustained growth in all areas. The three…
#ALF#factoring#leasing
The Swiss fintech Teylor is accelerating its growth trajectory. Following the acquisition of the SME financing platform creditshelf in May…
#factoring#GRENKE#Patrick Stäuble
A leading global manufacturer of child, toddler and infant safety products secured its first senior lending facility in the U.S.…
#Eric Dorner#factoring#Republic Business Credit
STAR Funding, a New York-based provider of working capital solutions for small and mid-sized businesses, announced that Bryan Maloney has…
#Bryan Maloney#Cash flow#factoring
Vietnam’s factoring industry entered 2023 with high expectations, especially with regard to export factoring which is the mainstay of the…
#factoring#Le Ngoc Hieu#Nguyen Minh Anh