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ProCredit secures US$4.1m pre-seed round to bolster SME lending...

ProCredit, a Philippines-based SME lender, has successfully concluded a US$4.1m pre-seed round. Integra Partners led the investment, with participation from the Menardo Jimenez Family Office, M Venture Partners (MVP), Cento Ventures, Gobi Partners (Gobi-Core Philippine Fund), and various local angel...

#bank#emerging markets#management

Bridging the SME funding gap: World Bank’s initiative in...

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


Bahrain Development Bank launches invoice discounting  

Bahrain Development Bank (BDB) has launched its invoice discounting scheme, to support small and medium sized companies (SMEs) to bridge the…

#bank#invoice#liquidity


John Smyth rejoins Bibby Financial Services to boost SME...

The UK’s largest independent invoice finance provider, Bibby Financial Services (BFS), has announced the return of Business Development Manager John…

#bank#commercial finance#financial services


Treasury Committee raises alarm over banks closing small business...

Ahead of the final leg of the Treasury Committee’s inquiry into SMEs' access to financing, recent data reveals that 2.7%…

#bank#NatWest#Paragon


ITFC and Asia Alliance Bank sign US$10m agreement to...

The International Islamic Trade Finance Corporation (ITFC) and Asia Alliance Bank have inked an agreement to bolster trade financing for…

#bank#international#management


WFY’23: Turkish factoring sector accounted for 2,77 per cent...

The Turkish economy expanded by 5.6 per cent in 2022, according to the Turkish Statistical Institute (TurkStat), according to Filiz…

#international#invoice#purchase order


UK Start Up Loan Scheme delivered £100m support to...

The next generation of business leaders have received over £100m worth of support from the Government backed Start Up Loan…

#bank#business finance#cash-flow


Time Finance reaches new financing milestone

Following several months of sustained growth, alternative finance lender, Time Finance, has announced a record lending book of £188.6m for the six months…

#Ed Rimmer#invoice#management


Fibus to acquire credit insurance and factoring activities from...

Insurance consulting and brokerage firm, Servir, has entered a commercial partnership with Fibus, a consulting company specialising in brokerage and…

#digital#digital solutions#insurance


Time Finance names first Business Development Executive

Time Finance has appointed its first Business Development Executive, Tom Chambers (pictured), to its invoice finance team.In this role Tom will…

#invoice#management#smes


Fintech Tint Financial Services hits £15m funding milestone

London-based Tint Financial Services, a cross-border fintech committed to streamlining and improving trade for SMEs and their supply chains, has…

#financial services#international#International Trade

Singapore’s ipaymy launches innovative invoicing platform for SMEs

ipaymy, one of the leading Singapore fintechs specialising in B2B payments, has announced the launch of Fetch—a new invoicing platform…

#invoice management#smes

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