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The Economic Secretary to the Treasury, Bim Afolami MP, has announced a new industry-led taskforce, to be chaired by the Centre for Finance, Innovation and Technology (CFIT), that will endeavour to unlock the full potential of Open Finance.The taskforce will...
#open banking#SME lending
First National Bank (FNB) has introduced a system-based tool to help SMEs to easily access credit without the hassle of…
#SME lending
Barclays spearheads Series B funding for Funding Xchange (FXE), a leading provider of white-label software designed for SME lenders. Founded…
Australian lender Bizcap is set to launch in the UK, aiming to empower small businesses by swiftly providing them with…
ThinCats, the UK’s leading alternative lender to mid-sized SMEs, has announced the launch of Agile Capital, a flexible funding solution…
#SME lending#working capital
Citi, a financial institution with a 62-year presence in the Dominican Republic, has structured two loans to facilitate local trade…
The Commercial Bank of Ceylon (ComBank), based in Sri Lanka, has recently announced a new partnership with the International Finance…
#SME lending#supply chain finance
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
UK Finance has released its latest Business Finance Review which reports on the finance needs of small and medium-sized enterprises (SMEs) in…
#commercial finance#interest rates#invoice
ProCredit, a Philippines-based SME lender, has successfully concluded a US$4.1m pre-seed round. Integra Partners led the investment, with participation from…
#bank#emerging markets#management
Kenya launched a US$51.7m loan project for small and medium enterprises funded by the World Bank on Monday. Rebecca Miano,…
#bank#digital#SME lending
Praetura Commercial Finance, alongside sister company Zodeq, has finalised a £200 million asset-based lending securitisation facility with Barclays, aimed at…
#Praetura#SME lending
Securitisation fundraising by small finance banks (SFBs) in India is anticipated to surpass Rs 10,000 crore (US$1.2bn) in FY2024, soaring…