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The Board of Directors of the African Development Bank Group (ADB) has approved a trade finance facility of €70m for Bank of Africa Morocco (BOA). “The African Development Bank, which is rated AAA by the largest rating agencies, is joining...
#ADB#BOA#SME financing
Kredit Hero, Asia’s first AI-powered lending marketplace for small and medium-sized enterprises (SMEs), has expanded its operations to the Philippines,…
#AI#artificial intelligence#SME financing
Lendo, a Saudi Arabia-based Shariah-compliant crowdlending marketplace, has signed a Memorandum of Understanding (MOU) with J.P. Morgan to improve access…
#IFC#J.P. Morgan#Lendo
BCR is excited to announce that on July 30th, trfnews is rebranding to BCR News. The new website will feature an…
#accounts receivables finance#BNPL#embedded finance
Aura, a fintech company specialised in invoice finance solutions for SME cash flow, has signed a Memorandum of Understanding (MOU)…
#guarantees#invoice#payment terms
European investor Pollen Street Capital invests €35m in alternative lender Finbee Verslui. This investment will enable more than 1,500 businesses…
#bank#management#platforms
Sponsored Article Fintech TRIVER has raised £2.5m to support their business development by providing more working capital finance for UK SMEs. The…
#business development#SME financing#Triver
HBL and EXIM (Export-Import Bank of Pakistan) signed a Memorandum of Understanding (MoU) to collaborate in the structuring and implementation of EXIM’s…
#bank#exporters#management
Grapple, an Australian SME financing company, has enhanced its Lendtech platform by integrating artificial intelligence (AI). This development coincides with…
#AI#artificial intelligence#invoice
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
IntroductionChina’s factoring industry continued to grow at 22.85 per cent to reach EUR 577bn in 2022 across the entire banking…
#Atradius#bank#management
The following is issued on behalf of the Hong Kong Monetary Authority (HKMA):The Hong Kong Monetary Authority (HKMA), together with…
#bank#management#SME financing
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