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Veefin, a rapidly expanding supply chain finance (SCF) company headquartered in Mumbia, has just formed a new subsidiary, Finfuze Software Private Limited. This is the latest development by Veefin since its IPO in July this year. Finfuze will be tasked...
#financial services#supply chain finance#Veefin
Exim Bank India has launched a factoring subsidiary at the Gujarat International Financial Tec City (GIFT City) to offer export…
#factroing
The African Export-Import Bank (Afreximbank) has launched in Accra its wholly owned insurance management services subsidiary, AFREXInsure, with a commitment to…
#bank#management#risk
As part of its strategic moves to boost trade and investment between Africa and Europe... (more…)
#Access Bank
Xenia Broking Group Limited (“XBGL”) announced on Monday that it had agreed to acquire the trade credit insurance business of…
#acquisition#trade credit insurance#Xenia Broking Group
On September 21, 2021, MUFG and MUFG Bank, a core banking subsidiary of MUFG, announced an agreement[1] to sell all…
#MUFG#MUFG Bank#MUFG Union Bank
TWINT, the leading Swiss payment app, and Swissbilling, the Cembra subsidiary specialised in pay by invoice and billing solutions... (more…)
#Cembra
The German software company SCHUMANN has just announced that they were... (more…)
#credit risk#SCHUMANN#trade credit insurance
eCapital acquired the assets of Flexible Funding, a payroll funding company for staffing agencies... (more…)
#eCapital
In order to recover some of the losses for investors who participated in the... (more…)
#Greensill
State-owned Bulgarian Development Bank (BDB) is requesting the approval of the regulator to be able to absorb its fully-owned unit…
#Bulgarian Development Bank
To help customers with supply chain funding and order growth... (more…)
#bank#international#management
TikTok’s parent ByteDance has established a factoring service which will offer financing... (more…)
#Boost#guarantees#Upstream