Articles with tag: financing

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Rapyd raises USD 300 mln in Series D financing round

News | Online Payments | 13 Jan 2021

Fintech-as-a-Service company Rapyd has raised USD 300 million in a Series D financing round led by Coatue.

Rapyd, financing round, Series D, Coatue, API, local payment methods, cards, bank transfers, e-wallets

Mambu reveals EUR 110 mln raised in funding round

News | Payments General | 08 Jan 2021

Mambu has announced its latest funding round of EUR 110 million in new capital, led by TCV, whose investments include Netflix, RELEX, Spotify, and WorldRemit. 

Mambu, funding, TCV, capital, financing, financial institutions, fintech, banks

EBA to introduce new EU supply chain rules

News | E-invoicing, SCF & E-procurement | 07 Jan 2021

The European Banking Authority has announced it will introduce tougher standards for banks that aid in Europe’s supply chains.

EBA, SCF, banking, financing framework, balance sheet, lobbying, legislation

Liberis raises GBP 70 mln for SME financing

News | E-invoicing, SCF & E-procurement | 22 Dec 2020

Global embedded business finance platform Liberis has secured GBP 70 million in financing from British Business Investments, Paragon Bank, BCI Europe, and Silicon Valley Bank (SVB)

Liberis, financing, SME, embedded business finance, platform, UK, COVID-19, small business, cash flow, bank, lender, CBILS

IFC, Nedbank partner to increase green financing in South Africa

News | E-invoicing, SCF & E-procurement | 21 Dec 2020

IFC, a member of the World Bank Group, and Nedbank Limited have partnered to increase financing for renewable energy projects in South Africa.

IFC, Nedbank, green financing, South Africa

DBS Hong Kong launches DBS digibanking

News | Online & Mobile Banking | 10 Dec 2020

DBS Hong Kong has launched the ‘this is DBS digibanking’ solution meant to support SMEs with the digital tools they need to execute their business.

DBS Hong Kong, digibanking, online banking, SMEs, financing, IDEAL

Boom Commerce, Paide finalise financing transaction, strategic partnership

News | Online Payments | 07 Dec 2020

E-payment processing products and services provider Boom Commerce has completed an asset-based financing transaction and strategic distribution partnership with gateway and integrated payments provider Paide

Boom Commerce, financing transaction, partnership, Paide, merchant, contactless payments, fintech

CoCoNet, PostFinance to offer cash management solutions

News | Online & Mobile Banking | 04 Dec 2020

Germany-based CoCoNet has partnered with Switzerland-based PostFinance supporting it in becoming a digital bank offering cash management solutions for businesses.

CoCoNet, PostFinance, partnership, digital banking, online banking, businesses, WCM, financing, MULTIVERSA

Monzo receives another GBP 60 mln in funding

News | Online & Mobile Banking | 04 Dec 2020

UK-based challenger bank Monzo has closed another GBP 60 million in funding, priced the same as and effectively an extension of its previous top-up round in June 2020.

Monzo, challenger bank, funding, UK, investment, financing round, banking

PhonePe raises USD 700 mln as it becomes a separate entity

News | Mobile Payments | 03 Dec 2020

PhonePe has secured USD 700 million in a new financing round and is 'partially' spinning off into a separate unit.

PhonePe, funding round, investment, financing round, Walmart, Flipkart, mobile payments, India, Google Pay, UPI, PhonePe Switch

Supply chain finance company raises Pre-A round financing

News | E-invoicing, SCF & E-procurement | 01 Dec 2020

Blockchain technology and integrated supply chain finance solution provider zqanlink has announced completion of tens of millions of yuan in Pre-A round of financing.

Qanlink raises Pre-A round financing,

OCBC pilots green financing framework for SMEs

News | E-invoicing, SCF & E-procurement | 27 Nov 2020

OCBC has launched a framework designed to make access to financing easier for small and medium enterprises (SMEs) that are involved in sustainable activities.

OCBC, green financing, SMEs, sustainability

UOB expands its Green Infrastructure Financing Framework

News | E-invoicing, SCF & E-procurement | 26 Nov 2020

Singapore-based UOB has announced the expansion of its Green Infrastructure Financing Framework to provide sustainable financing to companies in the infrastructure sector.

UOB, Green Infrastructure Financing Framework, SCF, Monetary Authority of Singapore, Loan Grant Scheme, sustainable financing, trade finance, banking

DBS, JD Logistics to supply SCF tools to Hong Kong-based SMEs

News | E-invoicing, SCF & E-procurement | 25 Nov 2020

DBS Bank has announced it is teaming up with JD Logistics (JDL) to provide supply chain financing to Hong Kong-based SMEs in the cross-border ecommerce import business.

DBS, JD Logistics, SCF, Hong Kong, SMEs, partnership, ecommerce, cross-border payments, banking, digital banking, blockchain, financing, cash flow

Stanhope Financial Group launches following USD 3.5 mln funding drive

News | E-invoicing, SCF & E-procurement | 20 Nov 2020

Stanhope Financial Group, a new fintech company, has launched as a combined tier one banking services provider targeting small and medium sized business on a global scale, according to Business Matters.

Stanhope Financial Group, funding drive, FX payments, treasury, financing, B2B payments, transactional banking

Regxsa launches could-based platform for financial institutions to fight financial crime

News | Digital Identity, Security & Online Fraud | 19 Nov 2020

Regxsa has launched Alexis, a cloud-based platform that aims to fight money laundering, terrorism financing, and financial crimes.

SaaS, AML, money laundering, terrorism financing, financial crimes, Regxsa, Alexis

Nav rolls out embedded finance platform for SMB financing

News | E-invoicing, SCF & E-procurement | 18 Nov 2020

SMB intelligent financing platform Nav has launched its next-generation embedded finance platform, according to the official press release.

Nav, financing platform, SMB, financing, Lightyear Capital, Clover, user experience, intelligent financing

EIB offers EUR 7.8 bln in support for businesses

News | E-invoicing, SCF & E-procurement | 13 Nov 2020

The European Investment Bank (EIB) has approved EUR 7.8 billion of new financing to support investment by business impacted by COVID-19.

European Investment Bank, supply chain finance, trade finance, COVID-19, Europe, SME, funding, debt financing

AppBrilliance secures over USD 3 mln funding

News | Online & Mobile Banking | 13 Nov 2020

US-based payments tech startup AppBrilliance has closed over USD 3 million in seed financing as it lays the foundation for true open payments and open banking technology for US businesses. 

AppBrilliance, US, fintech, startup, payments, financing, open payments, open banking, credit card, debit card, Visa, Mastercard, Fiserv, Stripe

Gen Z most reliant on credit as UK population continues to struggle financially

News | Online & Mobile Banking | 04 Nov 2020

People in the UK continue to feel the strain on their finances due to COVID-19 with those aged 18 to 24 most affected, has shown credit reference agency Credit Kudos’ second Borrowing Index.

Credit Kudos, credit scoring, UK, financing, lending, GenZ, COVID-19, Open Banking, credit, data, creditworthiness