|
M1xchange, one of India’s TReDS platforms, which almost doubled its business volumes to INR 43,000 crore/INR 45,000 crore (US$5.18bn/US$5.42bn) for the year 2023-2024, is set to double its business volume again for the year 2024 -2025. M1xchange’s managing director, Sundeep Mohindru, suggests that this is more than likely.
14/02/2024
|
|
Commenting on UK inflation remaining unchanged, Douglas Grant, Group CEO of Manx Financial Group,
14/02/2024
|
|
14/02/2024
|
|
Surath Sengupta, formerly of HSBC, has assumed the role of Managing Director, Head of Trade and Working Capital Innovation & Transformation at Lloyds Banking Group. His extensive experience as Managing Director & Global Executive Committee Member at HSBC, where he spearheaded sustainability trade finance initiatives, positions him well for this new role.
13/02/2024
|
|
Amazon's business loan programme showed stability in Q4, as evidenced by its seller lending receivables, which remained consistent at US$1.3bn, mirroring the trend observed throughout 2023.
13/02/2024
|
|
Finastra, a global provider of financial software applications and marketplaces, and Tesselate, a global digital transformation consultancy and integrator, today announced the launch of an end-to-end pre-packaged service for faster and easier trade finance digitalisation.
13/02/2024
|
|
SME apprehensions regarding a potential economic downturn have diminished by a significant third (32%) since Q4 2022, as per iwoca's Q4 2023 SME Expert Index. Only under half (49%) of surveyed SME finance brokers indicate that their clients harbor any recession concerns—a noteworthy decline compared to 73 per cent in Q4 2022.
13/02/2024
|
|
Parpera, the all-in-one solution that empowers hundreds of Aussies to make business easier, has partnered with Emu Money, an innovative online lending platform committed to empowering individuals and businesses by simplifying access to finance via a diverse range of lending options, within the Parpera marketplace.
12/02/2024
|
|
Ewa Rose, a veteran executive of the trade credit insurance industry, has joined Bondaval, a provider of technology-enabled credit insurance solutions, as the Group Chief Underwriting Officer.
12/02/2024
|
|
Zenith Bank (Ghana) and the African Guarantee Fund (AGF) have forged a strategic partnership to bolster funding accessibility for MSMEs in Ghana, with a focus on green and women-led businesses.
12/02/2024
|
|
Bunq, the Dutch digital bank, has reached a significant milestone by achieving profitability in 2023. With this accomplishment under its belt, Bunq is now eyeing the Irish SME lending market, following its acquisition of Capitalflow.
12/02/2024
|
|
Kimiwa Saddat has assumed the role of Managing Director (Current Charge) at Meghna Bank PLC, effective today, Sunday, February 11, 2024, until further notice. Saddat, who previously served as the Deputy Managing Director, has been with Meghna Bank PLC since 2019, according to a press release.
12/02/2024
|
|
The United Kingdom has witnessed a significant uptick in the number of manufacturing firms setting Environmental, Social, and Governance (ESG) targets for their businesses, reflecting a global trend toward greater sustainability. According to a recent report from Make UK and Lloyds Bank, there has been a staggering 48% increase in the adoption of ESG targets by manufacturing firms since 2021.
12/02/2024
|
|
Quasar Capital Partners (Quasar Capital) has announced the appointment of Tanya Fontenot as the new Vice President of Business Development. With over 17 years of experience in the finance industry, Tanya brings a wealth of knowledge and a proven track record of success in banking, factoring, and commercial finance.
09/02/2024
|
|
To help increase access to finance for small businesses in Thailand, especially women-owned or led firms, IFC is providing an equity investment of up to US$23.8m (THB844m) as a cornerstone investor in an Initial Public Offering (IPO) of Thai Credit Bank Public Company Limited (Thai Credit).
09/02/2024
|