Articles with tag: working capital

Found 34 results in 209 milliseconds.

The Kyriba Working Capital solution integrated into the MVC value chain platform

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

MVC, provider of supply chain track-and-trace platforms for pharmaceuticals, has announced that its parent company, AVC Global, a US corporation, has signed a strategic technology partnership with Kyriba Corporation.

Kyriba Corporation, MVC, partnership, supply chain finance, working capital

SME lending platform Validus approved as a PFI by Enterprise Singapore

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

Southeast Asia's SME lending platform Validus Capital (Validus) is Singapore's first to be approved as a Participating Financial Institution (PFI) under Enterprise Singapore's Enterprise Financing Scheme. 

SME lending, Validus, working capital, disbursements.

Emirates NBD rolls out digital SCF platform

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

Emirates NBD has launched a digital supply chain financing platform for its corporate and institutional clients

Emirates NBD, digital platform, SCF, supply chain finance, smartSCF, supply chain, working capital, transaction costs, cash flow, invoices, payments, digital onboarding, supplier onboarding

Distribution Finance Capital receives UK bank licence from the Prudential Regulation Authority

06 Oct 2020 | Payments General

Distribution Finance Capital (DF Capital) has received a full UK banking licence from the Prudential Regulation Authority (PRA).

Distribution Finance Capital, banking, lending, UK, license, working capital, Prudential Regulation Authority

Amex acquires fintech Kabbage

18 Aug 2020 | Payments General

American Express has announced a deal to buy Kabbage, a US-based fintech startup that helps with providing funds for small businesses, according to Forbes.

Amex, Kabbage, American Express, US, United States, fintech, startup, small businesses, funding, acquisition, financial technology, data platform, IP, cash flow management, working capital, loans, Paycheck Protection Program

IFC provides USD 50 mln loan to Access Bank for Nigeria-based businesses amid Covid-19

20 Jul 2020 | E-invoicing, SCF & E-procurement

World Bank Group member IFC has provided a USD 50 million loan to Access Bank to help the bank increase liquidity to SMEs in Nigeria challenged by COVID-19. 

IFC, Access Bank, World Bank Group, Nigeria, SMEs, covid 19, Africa, loan, fast track financing support package, fast track facility, trade financing, working capital, business clients, disrupted cash flows, retail bank

Taulia secures investments from Ping An, J.P. Morgan, and Prosperity7 Ventures

10 Jul 2020 | E-invoicing, SCF & E-procurement

Taulia has announced a funding round of USD 60 million led by the Ping An Global Voyager Fund with additional participation from J.P. Morgan, Prosperity7 Ventures and existing investors including Zouk Capital.

Taulia, investments, Ping An, J.P. Morgan, Prosperity7 Ventures, working capital, machine learning

SoftBank-backed Greensill buys Colombia fintech

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

SoftBank-Backed Greensill Capital, a company that helps businesses fund their operations, has announced it is acquiring Colombia-based Omni Latam to speed up growth in Latin America.

Greensill Capital, Omni Latam, working capital, supply chain finance, loans, suppliers

Brazil-based BizCapital raises USD 12 mln for online lending service

18 Jun 2020 | Payments General

Online lender BizCapital has raised USD 12 million from investors to develop its online lending service.

BizCapital, Brazil, online lender, online lending, funding, investment, German development finance institution, MercadoLibre, Quona Capital, Monashees, Chromo INvest, 42K Investments, SME, financing, working capital

Tradeshift, EKF to roll out supply chain finance model

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

US-based spend management platform Tradeshift and Denmark-based ECA Eksport Kredit Fonden have planned a supply chain finance programme to aid businesses amid the pandemic.

Tradeshift, EKF, SCF, supply chain finance, ECA, export credit agency, pandemic, credit lines, supplier, working capital, invoice data, buyers and sellers, invoice liquidity, transactions, paper-based invoices, e-invoicing, spend management

Singapore-based lending platform Validus secures USD 20 mln investment

12 May 2020 | Payments General

The Singapore-based Peer-to-Peer (P2P) lending platform Validus has raised USD 20 million to help finance Small- to medium-sized businesses (SMBs).

Validus, Singapore, Southeast Asia, investment, p2p lending platform, peer to peer, SMB, small to medium business, growth capital, series b, financing gap, accredited lenders, corporate vendor financing, covid-19, working capital

Taulia announces strategic alliance with J.P. Morgan

27 Apr 2020 | E-invoicing, SCF & E-procurement

Taulia, the provider of working capital technology solutions, has announced a strategic alliance with J.P. Morgan which will create a new trade finance solution for clients. 

Taulia, J.P. Morgan, trade finance, payments, working capital

Barlcays opens CLBILS to help large corporate clients impacted by COVID-19

22 Apr 2020 | E-invoicing, SCF & E-procurement

Barclays has opened the Coronavirus Large Business Interruption Loan Scheme (CBILS) to help large corporate banking clients that are impacted by the COVID-19 pandemic.

Barclays, CLBILS, COVID-19, coronavirus, UK, CBILS, banking, loans, working capital, liquidity, supply chains, FX, Clydesdale Bank, Danske Bank, HSBC, Lloyds Bank, Santander

UniCredit provides faster payments to its suppliers

20 Apr 2020 | E-invoicing, SCF & E-procurement

UniCredit has announced it will support its suppliers in Italy by accelerating how quickly they get paid, reports Electronic Payments International.

UniCredit, payments, suppliers, invoice, working capital

FinDynamic develops discounting tool for UniCredit's clients

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

UniCredit has partnered FinDynamic, an Italy-based fintech company, to provide a discounting solution to Venchi, a local chocolate and ice cream company.

Italy, UniCredit, fintech, FinDynamic, Venchi, invoice, SMEs, supply chains, payments, working capital, supplier

LiquidX expands with the launch of its global supply chain finance solution

20 Dec 2019 | E-invoicing, SCF & E-procurement

LiquidX, the global network for illiquid assets, has announced the expansion of its products to include supply chain finance (SCF). 

Supply chain finance, LiquidX, working capital, trade finance

US working capital provider PrimeRevenue further expands in EMEA region

08 Oct 2019 | E-invoicing, SCF & E-procurement

US-based supply chain finance provider PrimeRevenue has announced the expansion of its presence in the EMEA region.

PrimeRevenue, expansion, working capital, supply chain finance, reverse factoring, EMEA, Europe, Customer Advocacy,

Demica to provide technology platform to IFC

11 Sep 2019 | E-invoicing, SCF & E-procurement

UK-based working capital solutions provider Demica has announced it will provide its technology platform for IFC’s Global Supplier Chain Finance.

Demica, IFC, Global Supplier Chain Finance, supply chain finance, partnership, UK, working capital solutions, World Bank Group,

Lendingkart raises USD 30 mln to help MSMEs access working capital

13 Aug 2019 | E-invoicing, SCF & E-procurement

India-based startup Lendingkart focused on helping MSMEs access working capital, has raised USD 30 million as part of its Series D financing round.

Lendingkart, alternative lending, SME financing, India, lending startup, working capital, MSME, Fullerton Financial Holdings, Bertelsmann India, series D financing, funding round, India, Asia, APAC

LiquidX partners with Sinagapore-based DBS Bank to boost trade finance

06 Aug 2019 | E-invoicing, SCF & E-procurement

US-based network for illiquid assets LiquidX has announced welcoming Singapore-based DBS Bank to its network to work on increasing digital transformation.

LiquidX, DBS Bank, partnership, trade finance, illiquid assets, Singapore, Asia, APAC, digital transformation, working capital asset class, fintech, financial technology