Articles with tag: financing

Found 195 results in 218 milliseconds.

ShopUp raises USD 22.5 mln to digitize mom-and-pop shops in Bangladesh

20 Oct 2020 | Ecommerce

Bangladesh-based company ShopUp has raised USD 22.5 million in a Series A financing round co-led by Sequoia Capital India and Flourish Ventures.

Bangladesh, ShopUp, Series A, financing round, Sequoia Capital India, Flourish Ventures, commerce, digital payments

Standard Chartered invests in Silent Eight's AI tool to fight financial crime

20 Oct 2020 | Digital Identity, Security & Online Fraud

Silent Eight, a global technology company using Artificial Intelligence (AI) to combat money laundering and terrorism financing, has completed a new round of early-stage funding.

Standard Chartered, Silent Eight, funding, AI, terrorism financing, risk management, compliance, financial crime, banking, transaction monitoring

Accelerated Payments obtains GBP 20 mln financing

19 Oct 2020 | E-invoicing, SCF & E-procurement

SME funding provider Accelerated Payments has secured a GBP 20 million senior debt line from asset manager Channel Capital Advisors to expand AP’s receivables financing capability. 

Accelerated Payments, financing, SME, receivables, senior debt line, asset manager, Channel Capital Advisors, invoice financing, Europe, Ireland, UK, covid-19, FCA

China's petrochemical industry rolls out blockchain warehouse receipt financing trade

16 Oct 2020 | E-invoicing, SCF & E-procurement

China's petrochemical industry has seen its first digital warehouse receipt pledge financing transaction that integrates blockchain and Internet of Things (IoT) technology successfully implemented in China.

supply chain finance, digitalisation, blockchain, IoT, financing settlements, warehouse receipts, order financing, data sharing, PBoC, Sinochem Energy High-Tech

HSBC to invest USD 1 tln in green financing by 2050, Reuters

12 Oct 2020 | E-invoicing, SCF & E-procurement

UK-based bank HSBC has aimed towards net zero carbon emissions across its entire customer base by 2050 and provide between USD 750 billion and USD 1 trillion in financing transition.

HSBC, green financing, Reuters, zero carbon emissions, financing, climate change, Europe, Asia, NatWest, UK, banks, lender

IFC, Union Bank to boost access to trade finance in Nigeria

12 Oct 2020 | E-invoicing, SCF & E-procurement

IFC, a member of the World Bank Group, has announced a finance guarantee facility to Union Bank to boost access to finance for local business and enable increased international trade for Nigeria.

Nigeria, IFC, Union Bank, trade finance, Covid 19, financing, SMEs, letters of credit, trade-related promissory notes, guarantees, bonds, advance payment guarantees

SHUAA launches USD 200 million 'Financing Opportunities Fund'

12 Oct 2020 | Payments General

SHUAA Capital, an asset management and investment banking platform in the Gulf Cooperation Council (GCC) region, has launched a USD 200 million ‘SHUAA Financing Opportunities Fund’.

Forex exhange, commodities, investments, SHUAA, SHUAA Financing Opportunities Fund, capital, finance

Hindustan Unilever, State Bank of India offer digital financing solutions for retailers

09 Oct 2020 | Payments General

Hindustan Unilever (HUL) has partnered with the State Bank of India (SBI) to provide digital payment solutions for small retailers in India.

Hindustan Unilever, Unilever, HUL, State Bank of India, SBI, India, digital payment, cashless payment, retail, mobile payment, retailers, financing

SWIFT, IMDA partner for global trade digitalisation

05 Oct 2020 | E-invoicing, SCF & E-procurement

SWIFT and Singapore-based Infocomm Media Development Authority (IMDA) have signed a Memorandum of Intent (MOI) for global trade digitalisation.

SWIFT, IMDA, global trade, digitalisation, Infocomm Media Development Authority, Singapore, Memorandum of Intent, MOI, global trade digitalisation, financial institutions, corporates, cross-border trade, paperless trade, trade processing, trade financing, TradeTrust, framework

Contour enters live production delivering trade finance blockchain network

05 Oct 2020 | E-invoicing, SCF & E-procurement

Singapore-based Contour has entered live production, uniting buyers, suppliers and banks on a decentralised, digital trade finance platform that is open to all geographies and industries, according to IBS Intelligence.

Contour, trade finance, blockchain, banks, corporates, suppliers, financing

Accelerated Payments reaches EUR 210 mln in funding

24 Sep 2020 | E-invoicing, SCF & E-procurement

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

Accelerated Payments, funding, Europe, SME, SME funding, invoice financing, invoices, fintech, America, Toronto, financial services, entrepreneurs, cash flow, invoice financing service, client portal, payments, SMEs trading, exporters, worldwide invoicing

HSBC brings receivables financing to SMEs

24 Sep 2020 | E-invoicing, SCF & E-procurement

HSBC Singapore has enabled SMEs to access and use receivables financing via Singapore’s Networked Trade Platform (NTP).

HSBC, receivables financing, SMEs, trade finance

Maybank plans RM 4-5 bln SME digital financing

22 Sep 2020 | Online & Mobile Banking

Malaysia-based bank Maybank has plans to disburse about RM 4-5 billion (~USD 1 billion) loans through its newly launched digital financing solution for the SME segment named Maybank SME Digital Financing.

Maybank, SME, digital financing, loans, digital financing solution, SME segment, SMEs, Maybank SME Digital Financing, fund disbursement, digital platform, STP, straight through processing, disbursement, machine learning, digital lending

Deutsche Bank provides USD 43 mln trade finance facility for rural Myanmar

15 Sep 2020 | E-invoicing, SCF & E-procurement

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

China Export & Credit Insurance Corporation, Deutsche Bank, trade finance, trade finance facility, banking, trade financing, Myanmar, Asia, APAC

Funding Xchange completes USD 10 mln Series A fundraising

14 Sep 2020 | E-invoicing, SCF & E-procurement

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.

Funding Xchange, financing, SMEs, banks

Mastercard, ADB partner to digitalise Asia's supply chains

11 Sep 2020 | E-invoicing, SCF & E-procurement

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.

Mastercard, N-Frnds, SGeBIZ, Finastra, Asian Development Bank, ADB, digitalisation, supply chain, financing, cash flow, SMEs, trade finance

Banco Sabadell originates EUR 576 mln SMEs loan portfolio securitisation

11 Sep 2020 | E-invoicing, SCF & E-procurement

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

Banco Sabadell, SMEs loan, financing, loan securitisatio

Fvndit receives USD 30 mln debt financing for SMEs in Vietnam

11 Sep 2020 | E-invoicing, SCF & E-procurement

Fvndit, a US/Vietnam-based Fintech has received a USD 30 million investment of debt financing led by Accial Capital and Variant Investments.

Fvndit, debt financing, SMEs, Vietnam, loans, fintech, lending

Salaryo raises USD 5.8 mln to provide COVID-19 financing relief for SMEs

11 Sep 2020 | E-invoicing, SCF & E-procurement

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.

Salaryo, financing, SMEs, funding

EU Commission advised to establish a single rulebook on fighting money laundering and terrorist financing

11 Sep 2020 | Digital Identity, Security & Online Fraud

The European Banking Authority (EBA) has published its response to a European Commission’s call for advice on how to strengthen the EU legal framework on anti-money laundering and countering the financing of terrorism (AML/CFT).

anti-money laundering, financing of terrorism, AML, CFT, EBA, EU, financial services, EC, risk management