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Global business transaction hub Tungsten Network will be extending a partnership with Orbian, a global supply chain finance provider, to boost invoice financing efforts, according to a press release.
17/02/2021
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Arbuthnot Commercial Asset Based Lending has provided a £4.5m facility to support MDS Civil Engineering’s management team, Darren Chaston, Richard Pullen and Matthew Pratt, in acquiring the business from its founder.
17/02/2021
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IDS, a US provider of asset and equipment finance technology has completed the acquisition of William Stucky and Associates (WSA), a global provider of ABL and factoring software.
17/02/2021
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iwoca, one of Europe’s largest small business lenders, is today announcing a UK-first integration with leading small business platform Xero.
16/02/2021
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Egypt’s Minister of Finance, Mohamed Maait, announced the launch of the second phase of the electronic invoice system on Monday, February 15, with the participation of 347 companies registered with the Centre for Large Funders, with the rest of the companies joining in succession until June 30, 2021, according to a statement from the Tax Authority.
16/02/2021
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Permanent TSB (PTSB) is moving deeper into SME banking by forming a novel partnership with invoice discounter Bibby Financial Services Ireland (BFSI) to provide non-debt funding for working capital, mergers and acquisitions, and corporate restructuring.
16/02/2021
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Asian B2B commerce company, Moglix, has announced its foray into the supply chain financing space with the rollout of its digital platform Credlix.
16/02/2021
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The Bank of Spain believes that 40% of Spanish companies have "difficulties in covering their financial expenses with the results obtained in 2020", as stated by Óscar Arce, general director of Economics and Statistics of the Bank of Spain.
16/02/2021
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The Colombian fintech Finaktiva created a new factoring product that is 100% digital, which seeks to provide liquidity for the SMEs in Colombia through an integrated financial services platform.
16/02/2021
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Since early January, MITECH has been reorganising all new product initiatives under the MITECH Lab to coordinate the upgrades of their platforms, the new products already in development pipeline, and the expanding alliance delivery and fulfilment.
16/02/2021
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