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Fintech firms have challenged traditional commercial lending patterns by using technology to assess risk in-house and give borrowers competitive rates, said Morgan Terigi (pictured), trfnews Editorial Board Member and Co-Founder & CEO, Incomlend. Fintech lenders are transforming the commercial lending market...
#Incomlend#Morgan Terigi
Novo, a Miami-based financial platform for small businesses has secured a US $125m finance facility from Victory Park Capital (VPC),…
#cash-flow#interest rates#small business
Sydney-based fintech Lumi has secured AU $15 million in capital funding with Harel Insurance and Finance Group (Harel) signing on…
#SME lending
One of Latin America’s leading fintech companies, Floid, has launched an open finance product for the factoring industry in Columbia.…
#electronic factoring
Every year over £20bn is paid via online platforms to the army of freelance workers working for a range of…
#Aria#embedded finance
Santander Corporate & Investment Banking (Santander CIB), one of the leading global banks in trade finance, and Komgo, the world’s…
#digital transformation#Komgo
Egyptian fintech Agel has announced it has successfully closed a pre-seed round for undisclosed seven-digit figure, led by MENA-focused venture…
#working capital
Sharakah, a closed joint stock company in Oman has decided to invest in ... (more…)
#Beehive#funding#invoice
An international rescue effort has come into play to help the many tech start-ups that were funded by the collapsed…
#Silicon Valley Bank
India’s fintech industry has grown rapidly in the last two years, and has come to dominate the fintech landscape across…
#alternative lending#fintechs#management
According to Arab News this week, ‘the year of the fintech is just getting started.’ Arab News, based in Riyadh,…
#supply chain finance
Channel Capital Advisors LLP (Channel) has closed a mezzanine funding facility with TP24, a leading European fintech lending platform.Channel is…
#channel#lending platform#supply chain finance
To support Azerbaijan in leveraging financial technology to provide efficient financial services... (more…)
#embedded finance#financial inclusion#Financial technology