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E-invoicing, supply chain invoicing

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Mobitel, Fortumo to release direct carrier billing in Sri Lanka

E-invoicing, SCF & E-procurement | 24 Sep 2020 12:42 CET | Sri Lanka

Sri Lanka-based mobile service provider Mobitel and mobile tech company Fortumo have partnered to launch direct carrier billing in Sri Lanka. 
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Accelerated Payments reaches EUR 210 mln in funding

E-invoicing, SCF & E-procurement | 24 Sep 2020 12:22 CET | Europe

SME funding provider Accelerated Payments has reached EUR 210 million worth of invoice financing as it celebrates its third anniversary.  
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HSBC brings receivables financing to SMEs

E-invoicing, SCF & E-procurement | 24 Sep 2020 09:30 CET | Singapore

HSBC Singapore has enabled SMEs to access and use receivables financing via Singapore’s Networked Trade Platform (NTP).
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Australian e-invoicing startup Link4 signs deal with the Federal Treasury

E-invoicing, SCF & E-procurement | 23 Sep 2020 14:53 CET | Australia

Australia-based e-invoicing startup Link4 has signed a deal with an Australian Treasury to accelerate invoice payments. ...

Basware updates SmartPDF tool for e-invoicing

E-invoicing, SCF & E-procurement | 23 Sep 2020 14:33 CET | Finland

Finland-based e-invoicing company Basware has launched SmartPDF AI, the latest edition of its SmartPDF service....

Govt bootcamp to prep 30 startups to give SMEs a digital leg up

E-invoicing, SCF & E-procurement | 22 Sep 2020 14:02 CET | Indonesia

The government has announced that it will hold a three-week bootcamp for 30 selected startups that can provide services like supply chain and finance management for small and medium enterprises (SME).

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Accelerating Asia, Amazon Web Services roll out Amplify

E-invoicing, SCF & E-procurement | 22 Sep 2020 12:37 CET | Asia

Singapore-based accelerator and venture fund Accelerating Asia has launched a virtual accelerator program, Amplify, in collaboration with Amazon Web Services (AWS).
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DHgate introduces MyyShop for building a decentralised ecosystem

E-invoicing, SCF & E-procurement | 21 Sep 2020 14:06 CET | China

China-based B2B cross-border ecommerce marketplace DHgate has launched MyyShop, a new Software-as-a-Service (SaaS) product for decentralised cross-border ecommerce.
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US-based NexaCollect rolls out app for collection agency services

E-invoicing, SCF & E-procurement | 21 Sep 2020 13:56 CET | United States

Accounts receivable portal NexaCollect has launched an Android mobile app for its collection agency information services.
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Russia-based Sberbank joins blockchain trade finance platform

E-invoicing, SCF & E-procurement | 18 Sep 2020 13:57 CET | Europe

Sberbank Switzerland, a subsidiary of Sberbank has joined a blockchain-based platform for commodity trade finance.
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Bank of Georgia secures USD 50 mln trade finance facility with Citi

E-invoicing, SCF & E-procurement | 18 Sep 2020 13:50 CET | Europe

Bank of Georgia has signed a USD 50 million one-year trade finance facility with US-based bank Citigroup.
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Surecomp provides multibank solution allNETT to Europe-based bank

E-invoicing, SCF & E-procurement | 17 Sep 2020 13:54 CET | Europe

Trade finance solutions provider Surecomp has announced that the latest version of its digital front-office solution is in full production by a Europe-based bank.
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BidFX, OpenFin launch FX Desktop Trading application

E-invoicing, SCF & E-procurement | 17 Sep 2020 12:51 CET | World

BidFX, cloud-based provider of electronic foreign exchange trading solutions, has added a new service to its product range delivered via OpenFin, an operating system (OS) of finance. 
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British Business Bank grows SME support to GBP 8 bln

E-invoicing, SCF & E-procurement | 16 Sep 2020 14:10 CET | United Kingdom

The British Business Bank (BBB) has grown its stock of support to small- and medium-sized enterprises (SMEs) to GBP 8 billion, with most coming through alternative lenders.
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Deutsche Bank provides USD 43 mln trade finance facility for rural Myanmar

E-invoicing, SCF & E-procurement | 15 Sep 2020 13:38 CET | Myanmar

Deutsche Bank has announced that it has provided a USD 43 million account receivable purchase facility to China National Technical Import & Export Corporation....

Spend management platform Vroozi teams with Dell's Boomi

E-invoicing, SCF & E-procurement | 15 Sep 2020 12:37 CET | United States

US-based digital purchasing and spend management platform Vroozi has partnered with Boomi, a Dell Technologies business, to accelerate market adoption of its procure-to-pay solution. ...

Volopay, Wallex partner to transform FX accounts payable for Singapore SMEs

E-invoicing, SCF & E-procurement | 14 Sep 2020 15:43 CET | Singapore

Volopay and Wallex have joined forces to offer an integrated solution for Singapore-based SMEs.

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Funding Xchange completes USD 10 mln Series A fundraising

E-invoicing, SCF & E-procurement | 14 Sep 2020 14:24 CET | United Kingdom

Funding technology platform Funding Xchange has announced the completion of a USD 10 million Series A funding round with the closure of the second tranche of the financing.
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European Bank for Reconstruction and Development to guarantee lending to SMEs by Raiffeisen Bank Albania

E-invoicing, SCF & E-procurement | 14 Sep 2020 12:19 CET | Albania

The European Bank for Reconstruction and Development (EBRD), a UK-based development finance institution, has partnered with Raiffeisen Bank Albania on a risk-sharing facility of EUR 50 million (USD 59.2 million).
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E-invoicing market to grow during 2020-2024, report

E-invoicing, SCF & E-procurement | 11 Sep 2020 13:00 CET | World

Tech research company Technavio has released a report concerning the e-invoicing market and it is poised to grow by USD 6.93 billion during 2020-2024, progressing at a CAGR of over 19%.
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Mastercard, ADB partner to digitalise Asia's supply chains

E-invoicing, SCF & E-procurement | 11 Sep 2020 12:22 CET | Asia

Mastercard and its partners (N-Frnds, SGeBIZ, and Finastra) have announced a collaboration with Asian Development Bank (ADB) to help digitalise supply chains for retailers.
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Banco Sabadell originates EUR 576 mln SMEs loan portfolio securitisation

E-invoicing, SCF & E-procurement | 11 Sep 2020 12:13 CET | Spain

Banco Sabadell has originated a loan portfolio securitisation to provide EUR 576 million to support small and medium-sized enterprises (SMEs)....

Fvndit receives USD 30 mln debt financing for SMEs in Vietnam

E-invoicing, SCF & E-procurement | 11 Sep 2020 12:09 CET | Vietnam

Fvndit, a US/Vietnam-based Fintech has received a USD 30 million investment of debt financing led by Accial Capital and Variant Investments.
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Salaryo raises USD 5.8 mln to provide COVID-19 financing relief for SMEs

E-invoicing, SCF & E-procurement | 11 Sep 2020 12:02 CET | United States

Salaryo, a fintech platform for US freelancers and startups, has raised USD 5.8 million in funding from Variant Investments, Dubai-based private equity fund KEN Investments, Techstars Ventures and Michael Ullmann's investment group.
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Factris, NN Investment join forces on European financing agreement

E-invoicing, SCF & E-procurement | 11 Sep 2020 10:27 CET | Europe

Fintech company Factris has closed a new EUR 50 million secured financing agreement with asset manager NN Investment Partners (NN IP).

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