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WFY’24: Mexican factoring market is expected to evolve rapidly

In 2023, the Mexican economy experienced robust growth despite a slow recovery after having suffered during the pandemic. Pilar Turanzas, Regional Head Product and Propositions LAM, Global Trade & Receivables Finance at HSBC Mexico describes the local receivables finance market...

#HSBC#Pilar Turanzas#receivables finance

Vesync expands HSBC receivables facility to US$90m

Vesync Co., Ltd., a leading home appliance retailer headquartered in Hong Kong, has amended its Receivables Discounting Agreement with HSBC.…

#HSBC#invoice discounting#invoice finance


HSBC appoints Arpana Amin as Global Head of SCF

HSBC has announced the appointment of Arpana Amin as its new Global Head of Supply Chain Finance.  Amin, based in…

#HSBC#Managerial Appointments#supply chian finance


HSBC fraud alarm conducted to collapse of fintech

As reported earlier by BCR News, HSBC Innovation Banking, formerly Silicon Valley Bank’s UK arm, placed Stenn Assets UK and…

#HSBC#Silicon Valley Bank#Stenn


IFC and HSBC partner to boost trade flows in...

IFC and The Hongkong and Shanghai Banking Corporation Limited (HSBC) today announced the signing of a US$1bn risk-sharing facility that…

#HSBC#IFC#trade finance


Stenn defends against HSBC application to appoint administrators for...

London-based invoice finance fintech Stenn is confronted with legal action from HSBC. According to a release, HSBC Innovation Banking has…

#HSBC#HSBC Innovation Banking#Stenn


HSBC launches new Smart Transact solution to support cross-boarder...

HSBC has launched Smart Transact, an innovative and adaptable one-stop payments management solution, designed to equip ambitious businesses with the…

#flexible payments#HSBC#Manish Kholi


HSBC partners with Dowsure to enhance trade financing

HSBC is looking to enhance its trade financing options for businesses on e-commerce platforms in mainland China and Hong Kong,…

#digital trade finance#Dowsure#e-commerce


HSBC launches new embedded finance venture

HSBC has launched its new jointly owned venture, SemFi by HSBC, which aims to deliver seamless embedded finance solutions to…

#HSBC#Jo Miyake#SemFi


HSBC launches HKD 5bn financing plan for SMEs in...

HSBC has launched a HKD 5bn (US$641 million) financing plan to support small and medium-sized enterprises (SMEs) in Hong Kong. According…

#fintech#HSBC#sme finance


HSBC’s TradePay reaches US$1bn in trade finance

HSBC’s industry-first, fully digital trade finance solution, TradePay, has made US$1bn of trade finance available since launching in September 2023.…

#digitisation#electronic invoicing#HSBC


Sonan Bunkers secures £20m uplift in receivables finance from...

Sonan Bunkers announced yesterday that HSBC UK has extended their support through a £50m global trade solutions funding package. This…

#Andrew Noble#Graham Furse#HSBC


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