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At a time when leading supply chain finance providers are reporting strong growth, BCR has announced the preliminary programme for its 10th annual Supply Chain Finance Summit in Madrid on 24-25 January 2024. This will be a landmark forum in which to reflect on the past decade and look to future growth.
05/12/2023
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Beltone Financial Holding ("Beltone"), one of the fastest growing financial institutions, announces that its wholly owned subsidiary Beltone Leasing and Factoring ("the Company") has signed agreement worth EGP200m (US$6.5m) with the Egyptian Company for Import and Export ("EGMED"), one of the largest suppliers and distributors of medical equipment in Egypt.
05/12/2023
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Citi has announced its collaboration with Traydstream, to offer clients access to automated trade document processing capabilities.
05/12/2023
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Veefin, a rapidly expanding supply chain finance (SCF) company headquartered in Mumbia, has just formed a new subsidiary, Finfuze Software Private Limited. This is the latest development by Veefin since its IPO in July this year. Finfuze will be tasked with developing, marketing and distributing computer software solutions for a wide range of activities and to a broad spectrum of companies.
05/12/2023
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UAE-based fintech start-up Flow48, which provides SMEs with access to revenue-based financing, has secured US$25m in a pre-Series A funding round.
05/12/2023
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CODIX, a global software provider, has entered a strategic partnership with Lenvi, a fintech specialising in B2B consumer and commercial lending software and solutions. This collaboration aims to empower finance firms and fintech companies in identifying fraud trends and meeting compliance requirements.
05/12/2023
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Berlin-based embedded lending provider Banxware has raised €15m in its latest equity round and gained major Italian bank Unicredit as an investor. Unicredit was joined by Sella Investment Banking, along with existing shareholders 13books Capital, VR Ventures, D4 Ventures and Force Over Mass, who also contributed to the funding.
04/12/2023
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Fundspace, a loan aggregator startup under Globe Telecom Inc.'s corporate venture builder - 917Ventures, has partnered with BPC Lending Inc. to provide more funding options for micro, small, and medium-sized enterprises (MSMEs) and individual borrowers.
04/12/2023
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The International Chamber of Commerce – along with partner Boston Consulting Group (BCG) and contributors from global financial institutions and corporates – has published “Wave 2” of its Principles for Sustainable Trade. The newly updated Principles are the latest deliverable from ICC’s ongoing work with banks, businesses, governments, NGOs and regulators to deliver a consensus view on how to define sustainable trade and trade finance.
04/12/2023
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At COP28 in Dubai, today, eight leading export credit agencies, in partnership with the Innovation and Knowledge Hub at the University of Oxford, Future of Climate Cooperation, and the UN Environment Programme Finance Initiative (UNEP FI) launched the UN-convened Net-Zero Export Credit Agencies Alliance (NZECA), the first net-zero alliance comprising public finance institutions globally.
04/12/2023
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Vayana and InvestaX have announced a strategic partnership at the Singapore Fintech Festival 2023, aiming to revolutionise the availability of debt-based financial products, particularly in the Singapore and APAC markets.
04/12/2023
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Nucleus Commercial Finance (Nucleus) has received up to £200m new funding from NatWest to strenghten its core unsecured lending product, the Nucleus Business Loan (NBL).
01/12/2023
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Accord Financial Corp., one of the U.S. and Canada’s leading independent commercial finance companies (Accord) announced the hiring of Ryan Ray (pictured), an experienced asset-based lending (ABL) and equipment professional to the Accord Financial team.
01/12/2023
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First Citizens Bank today announced that its asset-based lending (ABL) business, part of the bank's Commercial Finance group, served as co-collateral agent on US$75m in financing for branded consumer products company Turning Point Brands Inc.
01/12/2023
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Huntington Business Credit, part of Huntington National Bank, expands the ABL team with the addition of a group focused on providing asset-based lending to businesses from healthcare industry. The new group will be based in Washington, D.C. and the management of it consists of five healthcare-finance industry veterans who recently joined Huntington from Sector Financial:
01/12/2023
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