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invoice discounting

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. The agreement increases the revolving limit of discounted receivables from US$60m to US$90m. This move is expected to enhance Vesync’s...

#HSBC#invoice discounting#invoice finance

M1xchange achieves double growth in H1FY25

M1xchange, India’s leading invoice discounting platform, has reported an impressive throughput of over ₹32,000 crore (US$3.85bn) in the first half…

#fintech#invoice discounting#invoice finance


Banco Central do Brasil adds receivables discounting to Drex...

The Banco Central do Brasil (BCB) recently unveiled the second phase of its Drex Pilot, the initiative aimed at developing…

#BCB#invoice discounting#smart contracts


Drip Capital Raises US$113m to expand trade finance for...

Drip Capital, a digital trade finance firm headquartered in Palo Alto, California, has raised US$113m in a new funding round,…

#Drip Capital#GMO Payment Gateway#IFC


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