Overseas news

12/05/2022

Ebury acquires Bexs and expands its international payments offering in Brazil

With the move, the London-based fintech now also offers solutions for international e-commerce transactions in Brazil Ebury’s service portfolio ranges from international account opening to currency protection, facilitating foreign trade for small and medium-sized Brazilian businesses Ebury, one of the world’s largest fintech companies specializing in international transactions for small and medium-sized enterprises, with operations […]

11/05/2022

Santander UK signs MOU with ICICI Bank to boost UK-India trade

Agreement will offer UK companies support to expand into India MOU is timely as UK-India Free Trade Agreement negotiations continue UK India is among the top four markets of interest for UK SMEs Santander UK plc and ICICI Bank, a private sector Bank in India today announced that they have signed a memorandum of understanding […]

09/05/2022

Revealed: The countries boasting the best workplace environments around the world

Acuity Training has researched the best countries for workplace environments to give people a clearer understanding of the most positive places to work around the world. They looked at various factors including minimum wage, entitled break time and maternity leave, giving ten countries a score out of 200 and finally ranked them. Here are the […]

28/04/2022

CPA Australia: Innovation and exports bolster small business growth prospects in mainland China

Mainland China had the highest proportion of small businesses that “grew or remained unchanged”, for the second consecutive year, according to a survey by CPA Australia, one of the world’s largest professional accounting organisations. CPA Australia’s 13th Asia-Pacific Small Business Survey surveyed 4,252 small businesses owners or managers across the Asia-Pacific, including 766 from mainland […]

14/04/2022

CPA Australia: Vietnamese small businesses lead in technology investment

This focus on technology was partially in response to the pandemic, with Vietnam’s small businesses being the most likely to increase their emphasise on online sales and up their investment in technology in reaction to Covid-19. This change saw the percentage that earned more than 10% of their revenue online jump from 60% in 2020 […]

11/04/2022

EUF and FCI host successful summit in Rome

EUF and FCI co-hosted successfully the 7th Annual EU Factoring Summit this past week in Rome, Italy. Ms Françoise Palle Guillabert opened the summit, where she congratulated Mr Fausto Galmarini for being elected as the new EUF chairman, then spoke about the work EUF has done tirelessly during these challenging times to monitor, review and […]

06/04/2022

FCI Launch new Edifactoring 2.0 platform

After almost 3 years in the making, Edifactoring 2.0 has officially been launched. The platform has undergone not only a facelift but also rigorous security tightening and a few new features to make the processing of messages with transactions just that much easier for our users. The deployment of Edifactoring 2.0. Stage 1: FCI launched […]

05/04/2022

Zvilo signs terms to a €50m debt facility with a London-based fintech fund

Credit-led challenger, Zvilo, has signed a term sheet for a new debt facility of up to €50m with a leading London-based alternative asset management company. Zvilo is transforming business lending in the Balkans by providing short-term working capital facilities to SMEs across different value chains. The supplier finance program will be further automated through Zvilo’s […]

05/04/2022

Fausto Galmarini elected as chairman of EUF & preliminary factoring statistics

Mr. Fausto Galmarini, chairman of Assifact, the Italian Association for Factoring, has been elected as chairman of the EU following a vote by the EUF’s Executive Committee which met on 4 April 2022 in Rome. His mandate takes effect immediately for a period of 2 years. Galmarini has been working in the banking and credit […]

31/03/2022

UK exports to Flanders increased by 18% in 2021

Flanders Investment & Trade, the official government body for the Flanders region, has published its full-year trade figures for 2021, which reveal that UK exports to Flanders are showing signs of recovery from their post-Brexit decline but some sectors continue to struggle. While UK exports to Flanders initially slumped by 15.8% in 2020 following the UK’s formal departure from the EU, UK exports to the region increased by a significant 18% in 2021 to a total value of €14,398,848,000. However, the […]

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