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Asia-Pacific automotive marketplace Carro has established a S$450m (approximately US$352m) asset-backed securitisation warehouse, opening a new institutional funding channel against vehicle-finance receivables originated in Singapore. The facility, announced on 22 October, is backed by hire-purchase receivables generated by Genie Financial...
#asset-backed securitisation#automotive receivables#Carro
Singapore’s factoring market continued to expand in 2025, with total volume reaching almost €70bn and factoring penetration rising to 13%…
#Alan Wang#embedded finance#factoring