As president Donald Trump continues to show signs of submitting to the election result this past week, RSM has made the case that president-elect Joe Biden will pursue a policy agenda centred around six key themes that UK middle-market businesses, particularly those with existing or future interests in the US, should consider now. Simon Hart, […]
Today, PingPong announces its authorisation as an Electronic Money Institution (EMI) by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. This would make it the first Luxembourg-based B2B fintech, with offices in Hangzhou, New York, San Francisco, Japan and Hong Kong to achieve this feat in the EU after applying in December 2019. […]
Despite revenue growth forecasts being at a record low, ScotPac SME Growth Index data highlights a resilient small business sector with some industries and states upbeat about 2021 prospects. Small business research, conducted twice a year by East & Partners* on behalf of ScotPac, Australia’s largest non-bank SME funder, points to an uneven national recovery […]
FinChatBot, a creator of conversational AI solutions for the financial services industry, has attracted £1.2m from Saviu Ventures, a French investment holding company which focuses on African startups; Mauritius-based Compass Venture Capital and leading South African venture capital firm Kalon Venture Partners. Both Compass Venture Capital and Kalon Venture Partners are solidifying their positions, having previously invested in […]
Small businesses will welcome the NSW government’s budget move today to provide payroll tax relief, as this is one of the biggest growth-blockers for the sector according to Australasia’s largest specialist funder of SMEs. ScotPac CEO Jon Sutton welcomed New South Wales’ move to increase the payroll tax threshold to $1.2m, up from $1m, and […]
The EU Federation and FCI have held their first online EU Factoring Summit in the Covid world. The webinar was attended by over 200 participants from around the world. Françoise Palle-Guillabert, EUF chairperson, introduced the webinar and highlighted the accomplishments of the EUF since she started her mandate as chairman in 2018. EUF has numerous […]
The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, will be releasing a series of four short documentaries on its extensive cotton sector trade finance and development interventions in West Africa. Called the White Gold Series, the documentary will air on CNBC Africa from 9 to 12 November at […]
The African Export-Import Bank (Afreximbank), the pan-African multilateral EXIM bank, partners with the International Islamic Trade Finance Corporation (ITFC), the Trade Finance Arm of the Islamic Development Bank (IsDB) Group; and the Arab Bank For Economic Development in Africa (BADEA), to launch a US$1.5-bn Collaborative Covid-19 Pandemic Response Facility (“COPREFA”) to support African economies with […]
IsDB President Dr. Bandar Hajjar and M. Sunil Kaushal, CEO for Africa and Middle East, Standard Chartered Bank (SCB), signed a Memorandum of Agreement to participate in IsDB’s Restore Track Program aimed to supporting IsDB’s member countries’ private sector through stimulus packages to the economic sectors most impacted by the Covid19 pandemic. This agreement leverages […]
The CFI.co judges have conferred on FCI the 2020 award for Best Trade Finance Innovator Global 2020. Highlights of the judging panel’s findings include: FCI is the global representative body for the factoring and open-account domestic and international trade receivables finance industry, with nearly 400 members worldwide and an active presence in 94 countries. The […]
