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fintech

Brazil’s fintech sector struggles with high default rates

In 2023, Brazil's fintech sector faces a significant challenge, with major players like Open Co and Nexoos experiencing a 60 per cent default rate on certain loans, according to The Rio Times. This rise in defaults has led to turmoil...

#receivables

HSBC Singapore backs Indonesian fintech Akulaku with $100M debt...

Indonesian fintech Akulaku Group announced that it has secured US$100m in debt financing from HSBC Singapore.Akulaku aims to deepen its…

#BNPL


Nigerian fintech Duplo launches Vendor Management Portal

Duplo, a Nigerian-based B2B fintech said in a recent statement it has launched its Vendor Management Portal which helps businesses optimise their…

#accounts payable#cash-flow#invoice


SCFS24 showcases fintech’s role in mitigating risks for SMEs

As I stand amidst the vibrant city of Madrid at the tail of January, Day One of the 10th Supply…

#Alejandro Gonzalez#BCR Publishing#Global Data


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


Six 2024 fintech predictions that predict a wild ride...

Richard Carter, CEO of Lenvi (formerly Equiniti) which powers lending for major brands like Santander, Barclays and Metro Bank, shares his expert…

#Lenvi#Richard Carter


French fintech Aria raises €15m in new funding

French fintech Aria has successfully raised €15m in our Series A funding round. This significant milestone marks a new chapter…

#Aria


UAE fintech startup Flow48 secures $25 million in pre-Series...

UAE-based fintech start-up Flow48, which provides SMEs with access to revenue-based financing, has secured US$25m in a pre-Series A funding…

#financial services#insurance#SME lending


Australian BNPL fintech BizPay enters into administration

BizPay, the Australian fintech offering buy now, pay later (BNPL) services for business-to-business invoices, has fallen into voluntary administration end…

#BNPL#buy now pay later


Four in ten SMEs prefer fintech lenders, Sonovate study...

Four in ten (40%) UK small and medium-sized businesses (SMEs) claim it is easier for them to access finance from…

#Richard Prime#SME lending#Sonovate


SCF fintech TessPay launches new platform

TessPay, developer of a supply chain finance financial technology (fintech) platform that utilises blockchain technology to provide payment assurance and liquidity…

#accounts receivables finance#blockchain#supply chain finance


Brazilian fintech Zink merges with SIZE receivables financier

ZINK, a rising fintech under the visionary leadership of entrepreneur Leandro Zen and yours co-founders and partners, João Brambilla, and…

#Fintech. Invoice finance

UK fintech Apron raises $15m to innovate invoice processing...

Apron, an intuitive fintech platform that slashes the time small businesses spend processing invoices, has raised $15m in Series A…

#invoice management

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