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Standard Chartered Pakistan and Haier Pakistan, the country’s leading home appliances manufacturer, have entered into a strategic partnership aimed at the digitisation of Haier’s value-chain and the optimisation of their cashflows.
16/01/2024
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International debt finance provider Lendable has announced a US$10m debt investment in Validus, an SME lending platform with operations in Indonesia, Singapore, Thailand, and Vietnam. Validus utilises proprietary data and AI to provide financing solutions to the SME sector.
16/01/2024
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ipaymy, one of the leading Singapore fintechs specialising in B2B payments, has announced the launch of Fetch—a new invoicing platform designed to empower SMEs to get paid faster and on-time in Singapore, Hong Kong SAR, Malaysia and Australia.
15/01/2024
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“Banks and fintechs could do a better job identifying clients’ needs.” Freddie Rugginz, J.P. Morgan
15/01/2024
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Bank ABC has appointed Simon Atkins as European Head of Treasury and Financial Markets for ABCIB, replacing Martin Westacott. Simon will report to Rajeev Adrian, MD, and CEO ABCIB, with a functional reporting line to Christopher Wilmot, Group Head of Treasury and FM.
15/01/2024
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Payments technology giant Mastercard is partnering with BaaS digital platform provider 4thWave to streamline business-to-business (B2B) payment flows. The new collaboration will leverage 4thWave’s advanced supply chain finance platform for managing B2B payments to facilitate cashflow for Mastercard’s corporate clients: buyers and suppliers in the Eastern Europe, Middle East and Africa (EEMEA) region.
15/01/2024
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Yes Bank, one of the leading Indian private sector bank, has unveiled ‘SmartFin,’ an end-to-end digital supply chain finance (SCF) platform, powered by Veefin Solutions.
15/01/2024
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The Hungarian factoring industry developed dynamically in 2022, and the total turnover exceeded HUF 4.818bn, which represents a 22 per cent increase compared to the result in 2021, according to Csáki Ferenc, Corporate International Coordination Manager, OTP Bank Plc., Hungary, in his article included in the most recent edition of the
12/01/2024
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Quasar Capital Partners, a diversified asset-based lender and factor based in Austin, TX, announced it has closed a new senior US$30m lending facility and an accordion feature to US$40m with Texas Capital to further expand its funding capabilities.
12/01/2024
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NatWest Group has launched a new lending proposition for high growth businesses to enable them to lever off the value of their Intellectual Property (IP).High growth businesses generally own few tangible assets, but can be rich in IP and intangible assets. These businesses can find it difficult to use their assets as collateral to secure growth funding, especially when compared with firms holding more conventional assets. This has led to a large growth funding gap for fast-growing, asset light businesses which is estimated to be as much as £15bn annually.
12/01/2024
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Rosenthal & Rosenthal has completed two recent asset-based lending (ABL) transactions totaling US$8m.
12/01/2024
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Specialist asset-based lender Ultimate Finance is proud to report another year of record lending for 2023, reaching a new milestone in their loan book of over £310m. The lender has provided funding of more than £2.1bn to UK SMEs and property investors in 2023, in line with their mission to support an increasing number of businesses with much needed cashflow and puts them in a strong position going into 2024.The asset-based lender’s portfolio highlights include:
12/01/2024
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White Oak Commercial Finance (WOCF), an affiliate of White Oak Global Advisors, announced that it has provided a US$10m senior factoring facility to a leading worker management software company. The facility will be used for working capital to help the company expand on the heels of its own successful equity raise.
12/01/2024
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Deutsche Bank, in association with the International Trade & Forfaiting Association (ITFA), today announced the release of the Guide to Digital Trade Finance. The Guide provides the industry with a comprehensive overview of the emerging technologies, legal frameworks, practices, rules, and standards that are driving digitalisation within trade finance
11/01/2024
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Throughout 2023 Lenvi spearheaded a project to gather feedback from clients on how they used the risk management software, Riskfactor and what improvements clients wanted to see. Following this customer feedback Riskfactor’s new release unveils richer debtor insights than ever before with insightful debtor metrics.
11/01/2024
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