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Evolution of the factoring industry in Nicaragua

According to the latest data from FCI, the global factoring industry grew by 3.6 per cent in 2023. Roberto Gutiérrez Bezanilla, trfnews Editorial Board Member and CEO of Alvantia, describes further. In this graph we can see the unstoppable growth...

#bank#financial services#smes

Commercial International Bank Egypt launches “Sustainable Finance Loan” for...

Commercial International Bank (CIB), Egypt’s leading private-sector bank, has announced that it has launched its new “Sustainable Finance Loan” targeting…

#bank#international#smes


Aura partners with Reem Finance to revolutionise SME 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


Ultimate Finance completes £370m of institutional funding facilities

Specialist asset-based lender Ultimate Finance reports it has secured £370m in wholesale funding for the next three years, a combination…

#asset-based lender#bank#Lloyds Bank


Finbee Verslui raises €35m investment to focus on business...

European investor Pollen Street Capital invests €35m in alternative lender Finbee Verslui. This investment will enable more than 1,500 businesses…

#bank#management#platforms


Ultimate Finance grows loan book by 14% to £340M

Ultimate Finance has reported a 44 per cent boom in new lending in the first half of this year, its…

#ESG#funding#inflation


BFS reacts on Labour Party win in the UK

In reaction to Labour’s win, Theo Chatha, CFO of SME funder Bibby Financial Services (BFS) has providing insight on what…

#bank#commercial finance#financial services


A third of business owners biggest challenge in 2024...

While social media influencers are quick to showcase the highs of their entrepreneurial lifestyles - with 147.3 million TikTok posts…

#digital#inflation#interest rates


TeamSystem acquires 61% stake in Milan fintech Change Capital

Italian business software solutions provider TeamSystem has acquired a 61 per cent majority stake in Change Capital, a Milan-based fintech…

#AI#cash-flow#digital


SACE, SMBC and Citi provides EUR 100m to TDB...

The Eastern and Southern African Trade and Development Bank Group (TDB Group), SMBC Group (SMBC), Citi, and SACE are pleased…

#bank#guarantees#international


Afreximbank signs two deals totaling US$80m for Zimbabwe’s CBZ Bank

In two deals signed at the recently concluded Afreximbank Annual Meetings, African Export-Import Bank (Afreximbank) is providing a US$60m line of…

#bank#forum#international


EBRD supports Intesa Sanpaolo Banka with €7m green finance...

The European Bank for Reconstruction and Development (EBRD) is providing funding to Intesa Sanpaolo Banka d.d. Bosnia and Herzegovina consisting…

#bank#digital#Intesa Sanpaolo

Marco delivers US$20m factoring facility for US exporter

Fintech company Marco has provided US$20m factoring facility to a NY-based exporter. This facility underlines Marco’s commitment to supporting the…

#fintech#innovation#smes

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