Supply chain finance

166 articles tagged with this keyword

/sustainable

British Business Bank commits up to £50 million to climate technology seed investor Elbow Beach

The British Business Bank today announces it has made a cornerstone commitment of up to £50m to Elbow Beach’s Climate Impact Fund 2 through its Enterprise Capital Funds programme. The Fund, which has already secured commitments for £63m of capital, will back startups across the UK pioneering technology solutions to big industry problems, at the intersection of efficiency gain and climate impact.

/wholesale

Supply chain software firm Cloudsmith raises $23 million

Cloudsmith, the cloud-native artifact management platform redefining software supply chain security, has raised a $23 million Series B funding round led by TCV, with participation from Insight Partners and existing investors.

/ai

Supply chain tech specialist Flexport makes AI push

Flexport, the global leader in supply chain technology, today announced its first Winter Release, launching more than 20 tech and AI-powered products designed to transform global logistics.

/wholesale

Invest Bank digitises supply chain finance offerings with Veefin

Invest Bank, one of UAE’s leading financial institutions, has onboarded Veefin Solutions, a leading provider of digital supply chain finance technology and working capital solutions, to fully digitize its Supply Chain Finance (SCF) offerings.

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India-based supply chain finance platform Mintifi raises $180 million

Mintifi, India’s leading supply chain financing platform, announced a Series E related fundraise of USD 180 million, co-led by Teachers’ Venture Growth (“TVG”), the late-stage venture and growth equity investments arm of Ontario Teachers’ Pension Plan (“Ontario Teachers’”) and Prosus, along with participation from existing investor Premji Invest.

/payments

Modifi scoops $15 million Series C

MODIFI, a leading global platform in B2B Buy Now, Pay Later (BNPL) solutions, today announced the successful completion of a $15 million funding round led by SMBC Asia Rising Fund with participation from existing investors Maersk, Neva (Intesa Sanpaolo), Heliad and other top-tier global investors.

/wholesale

Finastra integrates supply chain platform with CredAble

Finastra, a global provider of financial software applications and marketplaces, today announced its partnership with CredAble, a working capital finance platform, to expand the functionality of Finastra Trade Innovation.

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Citi Ventures invests in Endor Labs

Endor Labs, a leader in software supply chain security, announced a strategic investment from Citi Ventures.

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BIS aims to the complexities of global value chains with prroject Insight

The Bank for International Settlements (BIS) is launching Project Insight to explore how to better monitor developments in global value chains (GVCs) by combining structured and unstructured granular data and applying big data analytics tools.

/wholesale

TASConnect acquires Solv Malaysia and Solv Vietnam

TASConnect, a SaaS supply chain fintech platform, has acquired the Malaysian subsidiary of SOLV, a business-to-business online marketplace for micro, small and medium enterprises (MSMEs), and is in the process of acquiring the subsidiary in Vietnam.

/wholesale

Asian Development Bank and Citi team on supply chain finance

The Asian Development Bank (ADB) and Citi have partnered to sign a master risk participation agreement to enhance access to supply chain financing for small and medium-sized enterprises (SMEs) and support more than $100 million in additional annual trade across Asia and the Pacific.

/people

Liquidnet recruits Morgan Stanley trading exec

Alex Grinfeld, an 11-year veteran and Executive Director at Morgan Stanley, has joined a noteworthy roster of senior futures sales-traders and analysts to have arrived at Liquidnet since 2022 as the technology-focused agency execution specialist, known for its dark pools, builds out its global listed derivatives offering.

/wholesale

Vayana TradeXChange and Arqit collaborate on trade finance

Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), and Vayana TradeXchange have announced a partnership to use Arqit’s TradeSecure™ digital negotiable instrument technology to transform international supply chains.

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Supply chain technology provider Finboot wins fresh funding

Today Finboot is announcing the completion of the first close of its latest funding round to accelerate the next phase of its growth strategy – with a particular focus on enabling companies and their net-zero transition through technology.

/payments

Mastercard collaborates with BaaS platform 4t Wave

Mastercard has partnered with 4thWave, an innovative finance and Banking-as-a-Service (BaaS) digital platform provider, to streamline business-to-business (B2B) payment flows.

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France-based Tesselate and India's Impactsure forge corporate banking partnership

France-based Tesselate and India’s Impactsure have announced a pivotal strategic partnership set to reshape the landscape of data-driven decision-making in Corporate Banking, Trade and Supply Chain Finance.

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Cloudsmith bags $11 million funding round

The slowdown in venture capital-led tech sector investment hasn’t proven to be a setback for Cloudsmith, a Belfast-headquartered software supply chain management firm, which has today, announced $11 million (£8.8 million) in Series A2 financing.

/wholesale

ICC launches report on benefits of trade digitalisation

Today ICC United Kingdom and the Centre for Digital Trade and Innovation launched a major report – Seizing the moment: Unleashing the potential of trade digitalisation - which for the first time sets out the tangible benefits of the Electronic Trade Documents Act and the opportunities this offers international trading companies.

/people

Monavate expands supply chain division with hires

Payments solutions provider Monavate expands its Supply Chain Payments division with three key new hires, with the goal to bring simplicity and clarity to B2B payments in verticals such as travel, marketplaces, and logistics and haulage, where global businesses are slowed down and burdened by unnecessary complexity and friction in payments practices.

/payments

China Resources Bank and GienTech collaborate on supply chain finance

China Resources Bank has debuted two key components of its Financial Infrastructure Innovation Platform – a financial transaction cloud and a new supply chain finance platform – built on ORIGIEN, the financial-grade digital infrastructure developed by digital transformation specialist GienTech.