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HSBC-backed start-up Seria to close

HSBC-backed B2B digital platform Serai have announced it would be winding down its operations as the company failed to make any money. Seria was founded in 2019 as a non-banking extension of HSBC’s global physical network and hence is a...

#B2B platform#digital#global trade

KredX expands to into post-shipment export financing

Indian supply chain finance platform KredX on Wednesday announced the expansion of its services into post-shipment export financing with KredX…

#financial services#international#International Trade


Finacity facilitates the renewal of USD 100m trade receivable...

Finacity Corporation (Finacity) today announced that it has facilitated the renewal of... (more…)

#funding#international#receivables


India Exim aims to kickstart export factoring by September

Export-Import Bank of India (India Exim) aims to launch export factoring services for micro and small to medium enterprises ...…

#bank#banks#emerging markets


121 Finance onboarded on all three TReDS platforms

India’s first digital NBFC (nonbank financial company), 121 Finance, has been onboarded on ... (more…)

#bank#Invoicemart#platforms


UAE factoring industry records a difficult year in 2020

The UAE is the world’s 30th largest economy, and enjoys strong financial reserves... (more…)

#bad debts#bank#risk


MatchMove acquires Shopmatic in US$200m deal

MatchMove, the global embedded finance firm, has acquired e-commerce specialist Shopmatic in... (more…)

#digital#e-commerce#financial services


Finacity launches off-balance sheet receivables securitisation

Finacity Corporation (Finacity) announced that it has successfully launched an IFRS off-balance sheet trade receivables securitisation for Vitro, S.A.B. de…

#bank#management#receivables securitisation


Trade finance survey reveals only 6% of companies ‘entirely...

Surecomp® today announced the results of a recent survey with CFOs and treasurers focusing on trade finance processes... (more…)

#bank#digital#liquidity


Afreximbank declared “Best Multilateral Bank” and receives four EMEA...

African Export-Import Bank (Afreximbank) announces its receipt of the award for... (more…)

#awards#bank#international


Coface names new CEO for Asia-Pacific

Hugh Burke has been named the new CEO of Coface Asia-Pacific, effective from... (more…)

#AON#Executive Committee#trade


Coface publishes the results for first trimester 2022

Coface has released the first three months of 2022 results. Key ratios are presented below:Turnover: €431m, up 12.8% at constant…

#economic outlook#reinsurance#risk

EBRD enhances trade finance for Ukraine

The European Bank for Reconstruction and Development (EBRD) is substantially increasing its trade finance ... (more…)

#bank#risk#security

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