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Artis Finance Limited (Artis Finance) has become the latest non-bank trade finance company to enter administration. Founded in March 2020, Artis Finance (previously known as GTC Finance Limited) provided receivables finance solutions to companies, primarily in the commodity trading sector....
#administration#Artis Finance#Artis Loanco 1
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, and Mutual Trust Bank…
#ITFC#Mutual Trust Bank#Nazeem Noordali
Polestar advises that it has secured a 12-month term facility of up to US$450m and has renewed the €480m green…
#green finance#Polestar#trade finance
Standard Chartered today announced that it is adopting the International Chamber of Commerce’s (ICC) recently published industry Principles for Sustainable…
#ESG#ICC#Standard Chartered Bank
MonetaGo, a leading global provider of fraud prevention technology, today announced it will collaborate with Oracle Financial Services to make…
#fraud#Neil Shonhard#Sovan Shatpathy
The Hong Kong Monetary Authority (HKMA) has announced plans to introduce a CNY 100bn (US$13.7bn) funding facility at the end…
#HKMA#supply chain#swift
Finastra today announced the launch of Assist.AI, an AI-powered assistant designed to enhance the trade finance operations within its Trade…
#Assist.AI#Finastra#trade finance
United Fintech, the industry-neutral Digital Transformation platform, has announced the full acquisition of Commercial Banking Applications (CBA), a leading banking…
#API#Commercial Banking Aplications#technology provider
Veefin Group, a Mumbai-based fintech specialising in supply chain finance and digital lending solutions, has acquired Dubai-based TradeAssets through its…
#aquasition#supply chain finance#Trade Assets
The climate emergency is a wake-up call for everyone, everywhere. Satyam Agrawal, MD Global Head of BaaS, SME and Analytics…
#CredAble#Monetary Authority of Singapore#Satyam Agrawal
Trade is a key determinant of economic growth, and trade transaction facilitation has given rise to conventional solutions such as…
#factoring#MCB Factors Ltd#Stephanie Cerveaux
Indian SCF provider BillMart Fintech Private Limited (BillMart) and financial guarantees firm Eqaro Guarantees (Eqaro) have announced a strategic partnership…
#BillMart#Eqaro#trade finance
40Seas, a platform specialising in trade finance and global accounts receivable management for SMEs, has launched a new strategic partnership…
#40Seas#accounts receivables finance#China Freight