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Germany-based fintech MODIFI has announced a EUR 20 million financing in Series B, which brings its valuation to more than EUR 100 million.
trade finance, risk management, investment, SMEs
Tazapay, a digital escrow service for cross-border trade, has launched Escrow-as-a-Service in partnership with eight global B2B marketplaces to further ease and enable international trade.
partnership, B2B payments, trade finance, escrow, API
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
Sharjah Islamic Bank (SIB) has announced the launch of its corporate digital banking services, providing an integrated banking experience.
digital banking, online banking, online security, trade finance
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, 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
partnership, trade finance, B2B payments
Facebook India has partnered with Indifi, announcing a programme to help small and medium businesses (SMBs) that advertise on Facebook to get quick access to credit.
Facebook, funding, trade finance, supply chain finance, SME lending
Taiwan-based blockchain startup XREX has raised USD 17 million in pre-Series A funding led by CDIB Capital Group.
blockchain, startup, transactions , trade finance, cross-border payments
XDC Network has been selected to join the global Trade Finance Distribution (TFD) Initiative, a consortium of trade originators, credit insurers, and institutional funders.
partnership, trade finance, supply chain finance, blockchain, digitalisation
US-based Coupa Software, a player in Business Spend Management (BSM), has launched the Coupa App Marketplace.
product launch, supply chain finance, trade finance, risk management
Finastra, SWIFT, trade finance, regulation
IIFL Finance, a finance and investments company, has partnered with India-based fintech FinBox, to offer digital credit products to its merchants.
supply chain finance, trade finance, lending, SME lending, B2B payments
partnership, digitalisation, trade finance, e-invoicing
Zimbabwe-based NMB Bank, The Centre for Financial Regulation and Inclusion, together with Cornerstone Advisory have launched trade finance and digital identity project Basel.
partnership, digital identity, trade finance, SMEs
UAE-based DP World Financial Services Limited, a DP World company, has announced it will be facilitating access to trade finance for smaller companies.
trade finance, funding, SME lending, supply chain finance
partnership, BBVA, Alibaba, blockchain, trade finance
partnership, Mastercard, cash flow, B2B payments, trade finance
acquisition, wealth management, banks, trade finance
partnership, trade finance, supply chain finance