Articles with tag like: financing

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Fintech Libeo raises EUR 20 million

News | Payments General | 11 Feb 2021

Libeo has announced a EUR 20 million Series A raise with the partners of DST Global, Serena, Breega and LocalGlobe. 

Libeo, B2B payments, financing

Dexteritas funds Factris with EUR 5 mln Facility

News | E-invoicing, SCF & E-procurement | 26 Jan 2021

Netherlands-based fintech Factris has closed a funding round with the private debt fund Dexteritas for EUR 5 million.

Dexteritas, Factris, working capital, financing

Financial platform Remagine secures EUR 20 mln in seed investment

News | E-invoicing, SCF & E-procurement | 26 Jan 2021

Remagine, the founder-friendly finance platform for businesses, has announced that it has secured EUR 20 million in Seed investment. 

Remagine, investment, financing, fintech, payments

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

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

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

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

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

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

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

FRA issues controls for licensing SME finance companies

News | E-invoicing, SCF & E-procurement | 04 Nov 2020

The Financial Regulatory Authority (FRA) has issued licensing rules and procedures for companies wishing to engage in financing activities of small and medium-sized enterprises (SMEs), according to Daily News Egypt.

Financial Regulatory Authority, SMEs, licensing, financing

Accelerated Payments obtains GBP 20 mln financing

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

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

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

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

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

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

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

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

News | Payments General | 09 Oct 2020

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

Contour enters live production delivering trade finance blockchain network

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

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

Funding Xchange completes USD 10 mln Series A fundraising

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

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

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

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