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In 2024, the global invoice finance, asset based lending (ABL), and supply chain finance (SCF) sectors have undergone significant transformations, heavily influencing the UK invoice finance and ABL industries. These changes are driven by technological advancements, strategic realignments by major...
#asset based lending#ESG#fintech
Billboxx, the integrated billing to payment platform aimed at ensuring timely payments for businesses across Africa, has successfully closed a…
#Abdulazeez Ogunjobi#Alex Bakir#Billboxx
French fintech leaders Pennylane and Defacto have strengthened their partnership to offer seamless, instant invoice financing for small and medium-sized…
#Defacto#electronic invoice#factoring
Jim Tucker, Kristina Kicks and Joshua Dwyer from Interpath were appointed joint administrators to Stenn Assets UK Limited and Stenn…
#Jim Tucker#joint administrators#Joshua Dwyer
London-based invoice finance fintech Stenn is confronted with legal action from HSBC. According to a release, HSBC Innovation Banking has…
#HSBC#HSBC Innovation Banking#Stenn
Time Finance is announcing that Mike Freebury (pictured) has taken up the role within its invoice finance division as Head…
#asset based lending#Mike Freebury#Phil Chesham
Pulse Cashflow Finance have announced today that they have appointed Matt Harding (pictured) to the role of Business Development Manager…
#Business Development Manager#Matt Harding#Pulse Cashflow Finance
Reward Funding, the original leader in the alternative finance industry, has surpassed a £300m loan book milestone for the first…
#alternative finance#milestone#Reward Funding
M1xchange, India’s leading invoice discounting platform, has reported an impressive throughput of over ₹32,000 crore (US$3.85bn) in the first half…
#fintech#invoice discounting#invoice finance
Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and…
#Advance Partners#Alterna Capital Solutions#invoice factoring
A recent UK Court of Appeal ruling on commission disclosure in the motor finance trade may have a significant impact…
#commission#commission disclosure#Court of Appeal
With today’s UK budget announcement confirming a rise in both employers' national insurance payments and the rates of capital gains…
#BFS#Bibby Financial Services#Employment Allowance
Time Finance is delighted to welcome Sion Street as a Business Development Manager in its invoice finance team. Sion joins…
#asset based lending#Business Development Manager#invoice finance