Latest Supply chain finance News: Finextra Research

Company update/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.

07 July 2022

Company update/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.

29 June 2022

Company update/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.

22 June 2022

Company update/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.

15 June 2022

Company update/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.

01 June 2022

Research/Supply chain finance

The Future of Payments 2022

27 May 2022 1741 downloads

News/wholesale

US Bank and LiquidX bid to simplify supply-chain financing

US Bank has teamed up with trade-finance fintech LiquidX to help speed up and simplify supply-chain transactions between suppliers and buyers.

11 May 2022

News/wholesale

Citi invests in SME finance platform Crowdz

Citi has led a $10 million funding round for Crowdz as part of a wider collaboration with the SME finance platform to develop SaaS receivables as an asset class.

26 April 2022

Company update/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.

09 March 2022

Research/Supply chain finance

ISO 20022: How banks can avoid becoming a cautionary tale

04 March 2022 605 downloads

News/wholesale

SC Ventures rolls out supply chain finance platform

SC Ventures, Standard Chartered’s fintech investment and ventures arm, has launched Trade and Supply Chain Connect (TASConnect), a bank agnostic supply chain finance platform based out of Singapore.

15 February 2022

Company update/sustainable

Retailers terminate contracts worth over £7bn as part of supply chain clean-up

UK retailers have cancelled £7.1bn in contracts across the last 12 months with suppliers that don’t meet stringent ethical and sustainable standards, new research¹ reveals.

10 February 2022

Company update/startups

Finverity raises $2m

Finverity, the mid-market supply chain finance platform focused on emerging markets, today announces the completion of a USD 2m Pre-Series A equity funding round.

03 February 2022

News/crime

PayPal reveals 4.5 million accounts were ‘illegitimate’, shares plummet

Discussing Q4 earnings with analysts, PayPal CFO John Rainey disclosed that 4.5 million accounts had been shut down after “bad actors” took advantage of incentives and rewards programmes, resulting in shares falling by 25%, according to Bloomberg.

03 February 2022

News/wholesale

Big Data, DLT, IoT and AI set to transform trade supply chains - Commerzbank

Commerzbank claims that international trade and supply chains have reached a technological inflection point, with emerging technologies in Big data, blockchain, Internet of Things and artifical intelligence set to overturn long-established practices.

03 February 2022

Company update/wholesale

SAP to acquire Taulia

SAP SE (NYSE: SAP) today announced its intent to acquire a majority stake of Taulia, a leading provider of working capital management solutions.

27 January 2022

Company update/startups

NAB Ventures backs agtech-fintech start up Geora

Tenacious Ventures has backed agtech-fintech startup Geora in a $1.5 million seed round to transform supply chain economics for Aussie farmers.

20 January 2022

Company update/wholesale

Tiger Global leads $110 million Series D in Bizongo

Mumbai, December 20, 2021 – Bizongo announced its latest fundraise of $110 million in Series D round led by New York-based Tiger Global Management.

20 December 2021

Research/Supply chain finance

Sustainable Finance Live - Supply Chain Traceability: Better Data, Lower Risk

20 December 2021 79 downloads

Finextra TV/sustainable

SCOR Investment Partners’ three steps to identify the extra financial value within the supply chain

Guillaume Levannier, Sustainable Investment Officer at SCOR Investment Partners, speaks on FinextraTV to explain how we can identify the correct and material KPIs to assess the extra financial value within the value chain, and how collaborating in the SustainableFinance.Live workshops helps him to improve SCOR Investment Partners’ data aggregation and harmonization approach.

17 December 2021