Supply chain finance

161 articles tagged with this keyword

/crime

Themis releases supply chain risk assessment tool

Themis has announced the release of its innovative supply chain risk assessment tool, which allows companies to map out high risk geographies and sectors and possible touch points from financial crimes including modern slavery and human trafficking, drugs, wildlife and arms and trafficking, bribery and corruption, fraud, money laundering and terrorist financing.

/wholesale

Finverity raises $5m equity funding

Finverity, the digital ecosystem for trade and supply chain finance, today announces it has raised US$5 million in a heavily oversubscribed equity funding round from new and current investors.

/wholesale

Trade finance platform Marco secures $200 million credit facility

Marco — the first tech-enabled trade financing platform built for small and medium-sized businesses in Latin America and the United States— announced today it has received a $200 million credit facility from leading middle market lender MidCap Financial and global asset-based private credit specialist, Castlelake.

/wholesale

Finastra and Integro team to manage risks in trade finance

Finastra, a global provider of financial services software applications and marketplaces, today announced a partnership with Integro Technologies a subsidiary of Aurionpro, the pioneer provider of high-end lending platforms, to offer Integro’s SmartLender Trade Limits solution alongside its own Trade Innovation solution.

/wholesale

Commerzbank and T-Systems to deliver automated supply-chain financial services

T-Systems and Commerzbank have signed a cooperation agreement for collaboration in the industrial sector.

/payments

Worldline launches digital payments suite for Indian SMEs

Worldline [Euronext: WLN], a global leader in payments services, today announced the launch of its Buland Bharat digital payments suite, which is designed specially keeping in mind the needs and wants of small and medium businesses (SMBs) in India.

/startups

Pilon raises $5.2 million in seed funding

Pilon, a Singapore-headquartered FinTech firm that offers cloud-based Supply Chain Financing system, announced today that it has successfully raised a seed round of USD 5.2 million (both debt and equity). Wavemaker Partners led this round, with participation from Octava Pte Ltd and Polaris Kin Pte Ltd.

/payments

Skyscend joins Visa Fintech Fast Track programme

Skyscend Inc., a leading SaaS platform provider for supply chain finance, today announced that it has joined Visa’s Fintech Fast Track Program, speeding up the process of integrating with Visa, allowing Skyscend to more easily leverage the reach, capabilities, and security that VisaNet, the company’s global payment network, offers.

/wholesale

Lamaaa forms Shariah compliant supply chain finance partnership with Banque Saudi Fransi

Banque Saudi Fransi has today signed a landmark Memorandum of Understanding agreement with Lamaa.

/payments

Finastra teams Kotak Mahindra Bank for corporate banking portal

Finastra has today announced that it has partnered with Kotak Mahindra Bank to support its new integrated corporate banking portal, Kotak FYN, using Finastra’s Unified Corporate Portal solution. Kotak Bank and Finastra have been working together since October 2021 to expand the Kotak FYN portal for business and corporate customers. The bank’s customers can use the new enterprise portal to carry out all trade services. By the last quarter of 2022, the Kotak FYN portal will include many other services, including account services, payments and collections, thus eliminating the need for multiple logins and disparate user interfaces.

/wholesale

Standard Chartered signs supply chain financing MoU with Taulia

Taulia, a leading fintech provider of working capital solutions, and Standard Chartered have signed a memorandum of understanding (MoU) to collaborate across a range of working capital finance solutions, with an initial focus on the provision of supply chain finance and dynamic discounting.

/wholesale

Siam Commercial Bank to apply blockchain to real estate supply chains

Asset World Corp PCL (AWC), Thailand’s leading real estate developer specializing in integrated lifestyles, is joining with Siam Commercial Bank (SCB) and Digital Ventures to enhance supply chains in Thailand's real estate industry using blockchain technology.

/wholesale

Sonovate taps Demica for trade reporting

Sonovate, the leading provider of embedded finance and payment solutions for the contingent workforce, today announced a new partnership with Demica, the market-leading trade finance fintech, to enhance its reporting processes so it can continue to support thousands of business customers globally.

/payments

Commerzbank and Deutsche Telekom co-operate to digitise supply chains

Deutsche Telekom and Commerzbank are cooperating in the industrial sector.

/cloud

WiseTech Global acquires Bolero.net

WiseTech Global, developer of leading cloud-based logistics execution software CargoWise, has announced the acquisition of Bolero.net Limited (Bolero) and its subsidiaries, a leading provider of electronic Bills of Lading (eBL) and digital documentation capabilities to facilitate global trade.

/wholesale

4Trans raises €18m in equity and debt

4Trans, a fintech specialising in financial products for supply chain and logistics companies, has secured a €18 million investment in equity and debt from backers including Atmos, Tera Ventures, and Lighthouse.

/Supply chain finance

Muse Finance combines supply and invoice finance

Muse Finance - the business finance startup - today announces that it has launched a new solution combining supply finance and invoice finance, to help businesses pay overseas suppliers while unlocking cash tied up in their pending invoices.

/startups

Opply raises $4 million seed investment

Opply, the automated B2B supply chain platform, has raised $4M in seed funding from leading investors Chalfen Ventures and Anthemis Group. Opply’s platform and marketplace connects small to medium-sized food and beverage consumer brands with suppliers.

/wholesale

SGTraDex launches digital data exchange to tackle supply chain inefficiencies

The Singapore Trade Data Exchange (SGTraDex), a public-private initiative, was launched today on the sidelines of Asia Tech x Singapore (ATxSG) 2022 by Minister for Communications and Information, and Minister in-charge of Smart Nation and Cybersecurity Mrs Josephine Teo.

/wholesale

IBSFINtech launches SaaS-based supply chain finance package

IBSFINtech, India's leading TreasuryTech solutions provider for corporates, has extended its product offerings with the launch of VNDZY- an integrated SaaS solution for Supply Chain Finance.