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Sweden’s CapitalBox, the alternative financing specialist for SMEs in Europe, has announced the acquisition of Copenhagen-based Omniveta Finance’s business. Omniveta is an invoice-purchasing company dedicated to improving lending liquidity for SMEs across Denmark.Established in 2012, Omniveta Finance has carved a...
#alternative financing#bank#invoice
Haifin, a pioneering financial technology startup headquartered in the UAE, is eyeing expansion beyond its home turf with plans to…
#banks#blockchain#Financial technology
1st Commercial Credit, LLC has closed a US$2m factoring facility for a rapidly expanding pallet manufacturer in the Mid-West region. The start-up…
#1st Commercial Credit#Commercial Credit#invoice
The Turkish economy expanded by 5.6 per cent in 2022, according to the Turkish Statistical Institute (TurkStat), according to Filiz…
#international#invoice#purchase order
Following several months of sustained growth, alternative finance lender, Time Finance, has announced a record lending book of £188.6m for the six months…
#Ed Rimmer#invoice#management
Austrian entrepreneur Thorsten de Jong, who founded the startup Finyoz in May 2023, has recently introduced an online financing platform of…
#interest#investment#invoice
India’s invoice discounting platform, TReDS, grew rapidly in 2023 according to figures released by the Reserve Bank of India (RBI).…
#bank#International Trade#invoice
The factoring market experienced a modest decline in turnover by the close of 2023. However, a resurgence is expected in…
#bank#banks#fintechs
Time Finance has appointed its first Business Development Executive, Tom Chambers (pictured), to its invoice finance team.In this role Tom will…
#invoice#management#smes
Bank BNP Paribas and BNP Paribas Faktoring have entered into a partnership with fintech Monevia - a leading Poland's online…
#bank#digital#invoice
Finanze Group a specialist lender offering business loans, invoice discounting, trade finance and asset finance... (more…)
#invoice#trade
eCapital has signed a US$245m increase in the credit facility provided by syndicated banks to support the development of its…
#bank#eCapital#international
Unlike other African countries, Botswana has excellent political stability and a stable economy, with no foreign exchange controls on foreign…
#assignment of receivables#bank#invoice