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CapBay, a Malaysian multi-bank supply chain finance (SCF) and peer-to-peer (P2P) financing platform launches CapBay Assure, a guarantee programme that protects an investor’s principal and interest through a reserve fund while ensuring net returns (after fees) of up to 6% p.a.
13/07/2021
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Casablanca-based start -up Mosaiclab launched Konta, a Saas invoice-to-pay automation platform running on Moroccan artificial intelligence technology.
12/07/2021
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UniCredit Factoring delivers €7m working capital line to finance the suppliers of Aeffe Group, a fashion company.
12/07/2021
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In November 2018, the MSME Ministry mandated all companies with a turnover of more than INR 500 crore (US$67.02m) and Central Public Sector Enterprises (CPSEs) to register on Trade Receivables Discounting System (TReDS). This was intended to be a game-changer in solving the liquidity crunch faced by MSMEs due to payment delays by their corporate and government buyers.
12/07/2021
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Ebury, a global trade financier fintech and FX risk management specialist, has once again secured positive rankings in the latest Bloomberg FX forecast rankings in one of its best performances to date.
12/07/2021
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Drip Capital, a leading fintech provider of cross-border trade finance, had announced its collaboration with SBM Bank India to offer trade financing solutions – customized for small and medium-sized exporters in India. Owing to this partnership, MSME exporters will be able to avail collateral-free working capital at competitive rates.
09/07/2021
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According to a recent research done by Know-it, UK small to mid-sized enterprises are chasing approximately £50bn in late payments, which means about five outstanding invoices per company.
09/07/2021
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Atradius Payment Practices Barometer poll in the USMCA took the pulse of business health through the key performance indicators of credit management in the year following the outbreak of the pandemic.
09/07/2021
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Singaporean based GUUD Finance, the financing arm of the GUUD Group, announced the launch of RYTE – a trade financing technology platform designed to connect business users to both banks and alternative financiers and allowing them to access funding options to meet their working capital needs from supply chain financing to documentary trade, all within a single platform.
09/07/2021
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White Oak Commercial Finance, LLC (White Oak), an affiliate of White Oak Global Advisors, LLC, announced it delivered a US$7.5m accounts receivable facility to a Peruvian manufacturer of sustainable apparel products to the United States.
08/07/2021
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