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Avenue Capital Group commits over $1bn to ABL in...

Investment firm Avenue Capital Group has concluded fundraising for the Avenue Europe Special Situations Fund V (Avenue Europe Fund), amassing over US$1bn in commitments. The fund, along with separately managed accounts, has garnered support from a diverse investor base comprising...

#financial institutions#investment#iwoca

FGI T.R.U.S.T.™ and Validis to partner

FGI Worldwide LLC (FGI), a global leader in commercial finance, and Validis, the open accounting API, have partnered to integrate…

#API#commercial finance#credit risk


Softloans raises €1m to expand SME financing

Softloans, a fintech startup headquartered in Vilnius, Lithuania, has successfully secured €1 million in pre-seed funding to bolster its growth…

#digital#e-commerce#management


Northleaf leads US$100m asset-backed second lien facility to Cutting...

Northleaf Capital Partners (Northleaf), a global private markets investment firm, today announced that it served as the lead arranger of…

#financial institutions#investment#investments


Satago and mmob partner to streamline working capital solutions...

London-based FinTech Satago and mmob, the universal API adaptor, have announced a new partnership, facilitating the integration of Satago’s Invoice…

#API#invoice#management


Canadian fintech launches invoice finance services

To optimise cash flow and unlock working capital more efficiently for their clients, Canadian fintech Nuvei Corporation (Nuvei) has announced…

#cash-flow#invoice#management


Czech Flowpay raises €2.1m seed round to expand AI-powered...

Flowpay, a Czech fintech leveraging predictive AI models and embedded finance to assist SMEs in accessing operational funding, has secured…

#AI#bank#e-commerce


United Bank for Africa and African Guarantee Fund partner...

The United Bank for Africa (UBA) and African Guarantee Fund (AGF) on Monday signed a partnership that ensures that UBA provides US$100m in…

#African Development Bank#bank#international


CapitalBox expands reach with acquisition of Omniveta Finance

Sweden’s CapitalBox, the alternative financing specialist for SMEs in Europe, has announced the acquisition of Copenhagen-based Omniveta Finance’s business. Omniveta…

#alternative financing#bank#invoice


Värde commits US$1.3bn across ABL and private credit platforms...

Värde Partners, a leading global alternative investment firm specialising in credit and credit-related assets, yesterday announced that it committed US$1.3bn…

#bank#financial services#non-bank lenders


TCW unveils novel asset-backed finance initiative

The TCW Group, a leading global investment firm with over US $200bn of assets under management, has announced the launch…

#bank#management#platforms


ISG to publish report on finance and accounting platforms

Information Services Group (ISG), a leading global technology research and advisory firm, has launched a research study examining providers of…

#AI#blockchain#invoice

Credix raises a US$60m credit facility with a US$3bn...

Credix, a leading platform that provides financing to small businesses and consumer loan portfolios in Latin America, today announced that…

#blockchain#platforms#receivables

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