Tungsten Corporation

26 results about this entity

Period: 12 Sep 2008 - 20 Jun 2022

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Tungsten hires HSBC's Prabhat Vira to help revive business

Prabhat Vira has been appointed President of Tungsten Network Finance, the supply chain finance arm of the Tungsten Network business.

Regulatory costs force loss-making Tungsten out of banking

Regulatory costs force loss-making Tungsten out of banking

Supply chain finance outfit Tungsten is selling its banking unit for £30 million as a key part of a strategic review aimed at reviving the flagging business as it reported widening first half losses.

Tungsten receives approval for e-invoicing in India

Tungsten Corporation plc (TUNG.L), the global e-Invoicing, invoice financing and analytics company, today announced that it has received nationwide approval in India to electronically deliver invoices for services.

Tungsten Bank gets approval to operate in Germany, France and Italy

Tungsten Bank plc, a subsidiary of Tungsten Corporation plc, the global e-Invoicing, invoice finance and analytics company, can now provide banking services in Germany, France and Italy.

Tungsten allies with TrustWeaver for secure e-invoicing

Tungsten Corporation plc (TUNG.L), the global electronic trading network, today announces that its electronic invoicing platform, Tungsten Network, is now working with TrustWeaver, a provider of digital signatures for electronic invoices and credit notes.

Tungsten enables e-invoicing in Qatar

Following a detailed review of Qatari commercial and tax law, Tungsten Network, the global e-Invoicing network built on OB10, now enables customers to send and receive electronic invoices that qualify as a legal invoice in Qatar.

Tungsten to acquire DocuSphere

Tungsten Corporation plc (TUNG), the global electronic trading network, is delighted to announce that through its wholly owned subsidiary, Tungsten Network Inc, it has conditionally agreed to acquire DocuSphere, a provider of accounts payable automation services, to bring additional strength to the Tungsten offering.

Tungsten completes bank buy-out to move into invoice discounting

Tungsten completes bank buy-out to move into invoice discounting

Invoice financing roll-up Tungsten is moving into small business lending through the acquisition of the UK arm of First International Bank of Israel (Fibi).

McKeever quits Tungsten; Bryant appointed as 'rainmaker'

McKeever quits Tungsten; Bryant appointed as 'rainmaker'

Luke McKeever, former CEO of e-invoicing network OB10, has quit his executive position at Tungsten, which acquired OB10 for £99 million in October last year.

Tungsten seeks approval for bank buy-out

Tungsten seeks approval for bank buy-out

Invoice financing roll-up Tungsten says it expects to take full control of the UK arm of First International Bank of Israel (Fibi) within the next two months, after formally submitting an application for change of control to the UK's Prudential Regulation Authority and the Financial Conduct Authority.

Tungsten ready to shake up supply chain financing

Tungsten ready to shake up supply chain financing

Trading in invoice financing outfit Tungsten made a steady start on the AIM Market of the London Stock Exchange Wednesday, with the company raising £160 million from an oversubscribed placing

Supply chain finance industry set for disruption as Tungsten lines up takeover targets

Supply chain finance industry set for disruption as Tungsten lines up takeover targets

E-invoicing network OB10 is set to be paired with the UK arm of First International Bank of Israel under plans hatched by a new investment vehicle created specifically to shake up the supply chain finance industry.

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