Find here all the latest articles, news, and research on Factoring and other Factoring-related topics:
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Germany-based billing processing automation JITpay Group has announced cooperating with gas company Shell to launch the JITfuel fuel card on 1 April 2022.
partnership, factoring, payment processing, e-invoicing, accounts receivable
Germany-based DZ Bank and fintech Traxpay announced partnering for DZ Bank to use the Traxpay-developed supply chain financing digital platform.
partnership, accounts receivable, accounts payable, financial services, factoring
Germany-based digital bank FYRST and Netherlands-based SME financier abcfinance have entered into a cooperation in the area of factoring.
partnership, factoring, banking, e-invoicing
Dutch finech Facevalue has introduced an accounts receivable finance solution for European SMEs that challenges traditional factoring.
factoring, SMEs, accounts receivable, PEPPOL, product launch
Germany-based Varengold Bank has announced partnering with logistics-specialised payment service provider JITpay for the refinancing of JITpay’s receivables portfolio.
partnership, accounts receivable, financial services, factoring
Silicon Valley Bank has announced a credit provision for Germany-based financing startup Modifi for further expansion.
investment, financial services, factoring, trade finance
TikTok’s parent ByteDance has established a factoring service which will offer financing, collect accounts receivables, and provide guarantees.
ByteDance, TikTok, China, Zitiao, micro loans, online payments, factoring
Egypt-based Prime FinTech has announces the start of its market activities in the Egyptian market by launching its first company, Endorse, with a paid-in capital of USD 3.2 million.
Prime Fintech, Endorse, Egypt, FRA, consumer finance, leasing, factoring
China-based investment holding company Tencent has completed its first transaction under its supply chain finance programme.
Tencent, China, product launch, supply chain finance, transaction, trade finance, blockchain, Asia, APAC, supply chain finance programme, factoring
Russia-based VTB Factoring and Venture Engineering Lab have launched GetFinance, a multifactor digital supply chain finance platform.
VTB Factoring, Venture Engineering Lab, Russia, Russian Federation, Europe, Asia, SMEs, e-procurement, supply chain finance, financing , multifactor digital supply chain finance, cycle of processing, factoring
International Islamic Trade Finance Corporation and FCI signed a MoU to create an Islamic Factoring Chapter within the FCI network.
International Islamic Trade Finance Corporation, FCI, trade finance, United Arab Emirates, Islamic Factoring Chaper, factoring, FCI Network, MENA