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Igor Zaks, Editoral Board Member of TRF News and President of Tenzor Ltd, describes below the key considerations for receivables finance platforms.
14/10/2021
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RIFSO (Research Innovation Finance Solution) is one of the first Moroccan fintechs to offer invoice financing. The company developed an online platform - a marketplace - that brings together suppliers, buyers and financial partners.
14/10/2021
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Bien Finans Faktoring A.S., Turkey, was established in September 2020 and received the official authorisation from Banking Regulation and Supervision Agency in January 2021. Although Bien Finans is a brand-new factoring entity, it is part of 50 years experienced Ercan Group of Companies.
13/10/2021
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The Lithuanian fintech company SME Finance raised EUR 120m investment from a UK fund in order to increase its loan portfolio to reach EUR 200m in 2021. The fintech’s loan portfolio grew so far by 70% this year, from EUR 94m to EUR 160m, due to the creation of SME Finance ecosystem that offers fast and individually tailored solutions to SMEs, according to the company.
13/10/2021
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I have written in the past on the issue of employee burnout in the global factoring and receivable management (RM) industries as we all wrestle with how to manage in this challenging environment.
13/10/2021
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Ted Ettershank was nominated and selected for the SFNet Hall of Fame and will be inducted into it at the 77th Annual Convention in Phoenix Arizona in November 2021.
13/10/2021
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The global trade finance gap grew to an all-time high of US$1.7tn in 2020, a 15% increase from two years earlier, as the pandemic heightened economic and financial uncertainties and devastated global trade, according to the latest Trade Finance Gaps, Growth, and Jobs Survey, released today by the Asian Development Bank (ADB).
12/10/2021
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The Asian Development Bank today announced that the trade finance gap has widened this year to US$1.7tn. Nils Behling, Co-Founder and CFO, Tradeteq comments on this:
12/10/2021
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Garanti BBVA Factoring has been chosen as the best export factoring company in the world for the fifth consecutive time with 100 points by Factors Chain International (FCI).
12/10/2021
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Since 2020, state support measures have helped most economies avoid a large wave of business insolvencies despite the historic economic shock caused by the Covid-19 crisis. But will their gradual withdrawal spark a resurgence in the coming months? Euler Hermes’ economists investigate in their latest report.
12/10/2021
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