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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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B2B LendTech platform Trade Ledger and 10x Banking (10x), the transformational cloud-native SaaS core banking platform, have partnered to accelerate the delivery of next-generation working capital solutions for lenders globally.
01/12/2023
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The post pandemic environment is continuing to challenge the Colombian economy, said Maria Camila MUNOZ, CEO & Founder of Exponencial Confirming in her article included in the most recent edition of the
01/12/2023
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African Development Bank has signed a US$148m funding agreement for Commercial International Bank of Egypt to support trade finance and local SMEs via a programme named ‘Financial package to Commercial International Bank of Egypt (CIB)’.The programme includes:
30/11/2023
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New appointments will support growth across Lending BPO and Riskfactor products at the award-winning Fintech.Leading provider of risk management and commercial lending software Lenvi has further strengthened its team with the appointment of two key hires, following new client wins. Ahmed Amin takes up the role of sales director for Lenvi Riskfactor. He brings over 20 years’ experience in the receivables finance and working capital industry.
30/11/2023
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Avaltos, a consulting firm specialising in exponential growth and profitability for businesses, and Calculum, a fintech in data analytics and AI for financial supply chain optimisation, announced today that they have entered into a strategic partnership. The partnership will combine the two companies' unique expertise and capabilities to help businesses of all sizes achieve their working capital and profitability goals.
30/11/2023
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Neptune Wellness Solutions Inc. (Neptune), a consumer-packaged goods company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced that its nutraceuticals brand subsidiary, Biodroga Nutraceuticals Inc. (Biodroga), has entered into an accounts receivable factoring facility and inventory finance rider (Facility) with Alterna Capital Solutions, LLC (Alterna).
29/11/2023
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