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Allevo, Bakken, Bæck finalise the Whizzer project

News | E-invoicing, SCF & E-procurement | 30 Nov 2021

Romania-based Allevo and Norway’s Bakken & Bæck have finalised the Whizzer project, with a total investment of approximately EUR 738k.

partnership, funding, supply chain finance, SMEs

Linklogis opens Singapore office

News | E-invoicing, SCF & E-procurement | 30 Nov 2021

Linklogis has launched a branch office in Singapore, aiming to support its plans to open a virtual bank in Singapore in early 2022.

supply chain finance, expansion, digital banking, Monetary Authority of Singapore (MAS), trade finance

SABB launches supply chain finance solution

News | E-invoicing, SCF & E-procurement | 29 Nov 2021

The Saudi British Bank has launched a Shariah-compliant supply chain finance (payables finance) solution.

supply chain finance, SMEs

Arvato Supply Chain Solutions, H&M Group extend cooperation

News | E-invoicing, SCF & E-procurement | 29 Nov 2021

Arvato Supply Chain Solutions and the H&M Group have extended their partnership for the expansion of the distribution centre in Stryków, Poland, according to textileworld.com

supply chain finance, partnership

Ransomware, supply chain attacks, DDoS drive cyber risk for APAC financial institutions

News | Digital Identity, Security & Online Fraud | 18 Nov 2021

FS-ISAC has announced that ransomware and supply chain attacks, as well as a resurgence of banking trojans and distributed denial of service (DDoS) attacks, are the top cybersecurity threats to financial institutions across the APAC region.

supply chain finance, ransomware, cybersecurity, financial institutions, cloud

MAS and industry to support green finance

News | E-invoicing, SCF & E-procurement | 09 Nov 2021

The Monetary Authority of Singapore (MAS) has partnered the industry to pilot four digital platforms under Project Greenprint, to address the financial sector’s needs for good data on sustainability. 

Monetary Authority of Singapore (MAS), green finance, trade finance, supply chain finance

Citi launches sustainability-linked supply chain financing in Asia Pacific

News | E-invoicing, SCF & E-procurement | 05 Nov 2021

Citi has launched its first Sustainability-linked Supply Chain Finance (SSCF) programme in Asia Pacific.

supply chain finance, sustainability , cash flow

Barry Callebaut, IFC, Demica partner on sustainability-linked SCF programme

News | E-invoicing, SCF & E-procurement | 05 Nov 2021

Cocoa manufacturer Barry Callebaut has partnered with the International Finance Corporation (IFC) to roll out a sustainability-linked supply chain finance programme for its ingredient supply base, reports Global Trade Review (GTR).

supply chain finance, sustainability

Ivalua and TransferMate to eliminate friction from cross-border trade

News | Online Payments | 26 Oct 2021

US-based spend management solutions company Ivalua has partnered with Ireland-based B2B payments company Transfermate, enabling frictionless international payments for suppliers.

online payments, supply chain finance, B2B payments, partnership, financial services

Mastercard announces new supply chain finance offering

News | E-invoicing, SCF & E-procurement | 21 Oct 2021

Mastercard has announced a new supply chain finance capability within Track Business Payment Service (Track BPS).

supply chain finance, account-to-account payment, B2B payments

Restart Energy launches RED, a tokenized carbon offset ecosystem

News | E-invoicing, SCF & E-procurement | 05 Oct 2021

Restart Energy, an independent supplier of electricity and natural gas on the local market, has announced the launch of RED, a tokenized carbon offset ecosystem.

product launch, blockchain, supply chain finance, NFT

Beacon raises USD 50 mln in a Series B round

News | E-invoicing, SCF & E-procurement | 04 Oct 2021

Beacon has raised over USD 50 million in its Series B round, led by Northstar.vc

supply chain finance, funding

Authena raises EUR 2.1 million in seed funding

News | Cryptocurrencies | 30 Sep 2021

Switzerland-based blockchain-based supply chain technology company Authena has announced closing a EUR 2.1 million seed funding round from angel investors from Switzerland and the United Kingdom.

investment, blockchain, supply chain finance, e-invoicing

Finverity launches solution for institutional investors in supply chain finance

News | E-invoicing, SCF & E-procurement | 22 Sep 2021

Supply chain finance platform focused on emerging markets Finverity has launched its fund manager functionality for the supply chain finance (SCF) sector. 

supply chain finance, product launch, investment

HSBC, DBS, BOC join trade finance advisory group on GSBN

News | E-invoicing, SCF & E-procurement | 15 Sep 2021

Hong Kong’s Global Shipping Business Network (GSBN) has announced the creation of a Trade Finance Advisory Group, joined by HSBC, DBS Bank and Bank of China (Hong Kong).

partnership, HSBC, trade finance, supply chain finance, blockchain

Kyiara launches trade platform for African SMEs

News | E-invoicing, SCF & E-procurement | 02 Sep 2021

Kyiara Technologies has achieved a soft-launch of its trade receivables platform – KYIARA on 26 August 2021, in a bid to provide access to unlimited working capital for SMEs across Africa.

SME lending, SMEs, e-invoicing, supply chain finance

ScotPac and Trade Ledger partner for business lending

News | E-invoicing, SCF & E-procurement | 02 Sep 2021

Australia and New Zealand non-bank lender ScotPac, and global digital lending platform Trade Ledger have joined forces for business funding.

lending, SMEs, supply chain finance, trade finance

Standard Chartered and Linklogis launch trade finance platform

News | E-invoicing, SCF & E-procurement | 30 Aug 2021

Standard Chartered and Linklogis, a supply chain finance technology solution provider in China, have announced a joint venture to establish Olea, a trade finance origination and distribution platform.

trade finance, supply chain finance, partnership

Japan-based CADDi raises USD 73 million Series B funding

News | E-invoicing, SCF & E-procurement | 24 Aug 2021

B2B ordering and supply platform in the manufacturing and procurement industry, CADDi, has raised a USD 73 million Series B round, according to TechCrunch.

investment, B2B payments, supply chain finance, e-procurement

ComBank, DirectPay to support digital payment solutions for businesses

News | E-invoicing, SCF & E-procurement | 24 Aug 2021

The Commercial Bank of Ceylon has partnered with Sri Lanka-based fintech startup DirectPay, according to bizenglish.adaderana.lk.

partnership, banks, fintech, startup, supply chain finance