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Finverity, the trade and supply chain finance digital ecosystem, announces the appointment of Lina Brooks as Head of Customer Success. The appointment comes as Finverity continues to invest in operational excellence on the back of its recently announced $5m equity fundraise and 15x revenue growth in 2022.
23/05/2023
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Time Finance is announcing the appointment of Tariq Bourdouane as Business Development Manager in its invoice finance team.
23/05/2023
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BCR Publishing has announced the winners of the 5th Annual RFIx Awards, which took place on 22nd of May 2023 at Clifford Chance in London. The evening brought together international players to celebrate major achievement and recognise industry success in the receivables finance sector as the market continues to grow and prosper.
23/05/2023
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Standard Chartered and Europe-based venture builder KI group have signed a Memorandum of Understanding (MOU) to cooperate in exploring and developing solutions that will support the growing needs of B2B marketplaces among corporate clients.
23/05/2023
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CIBC hires Evan Swank as Managing Director - Asset Based Lending Business Development Officer.
22/05/2023
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TAB Bank has announced it has provided a geoscience firm in Alaska with a US$2m asset-based lending (ABL) facility to cover their working capital needs.
22/05/2023
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Malaysia will start implementation of e-invoice from June 2024. The aim of the e-invoice system is to strengthen digital tax service administration and collection.
22/05/2023
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The European Bank for Reconstruction and Development (EBRD) is pledging additional funds for supporting the sustainability and competitiveness of small and medium-sized enterprises (SMEs) in the Kyrgyz Republic.
19/05/2023
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As was widely reported last weekend, CEO and GOAT investor Warren Buffett of Berkshire Hathaway fame compared AI or artificial intelligence to the creation of the atom bomb.
19/05/2023
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Time Finance is announcing the appointment of Thomas Ludden (pictured) as Business Development Manager in its Invoice Finance team.
19/05/2023
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Orion Group Holdings, Inc. a leading specialty construction company, has just announced the closing of a new 3-year US$103m senior secured asset-based lending (ABL) facility with White Oak ABL, LLC and White Oak Commercial Finance, LLC, which are the ABL affiliates of White Oak Global Advisors, LLC, (White Oak). This credit facility has replaced the company’s US$42.5m revolver with Regions Bank and other lenders.
18/05/2023
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In 2022, around 23,400 companies went bankrupt in the UK, causing corporate insolvencies to reach its highest levels since the 2009 Global Financial Crisis.The rapid rise in insolvencies came after 2 years of low level of insolvencies.
18/05/2023
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eCapital Corp. (eCapital), a leading finance provider across North America and the U.K., has reinforced its commitment to delivering specialised finance solutions to small to medium-sized businesses by recently appointing two accomplished Business Development Officers (BDOs) to its team. These new hires bring experience to eCapital, as they serve clients across a variety of industries.
18/05/2023
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MLABS Systems Berhad (MLABS), a Malaysian technology company, plans to include factoring and related business activities into its offer. The factoring activity is expected to hold 25 per cent of the company’s net profit.
18/05/2023
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As part of its strategic moves to boost trade and investment between Africa and Europe, Access Bank Plc, one of Nigeria’s biggest financial services institutions, has established a new subsidiary in Paris, France.
17/05/2023
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