Private capital investments in Spain reached a record volume in 2020, totalling €6.27bn, a growth of 33% of the volume reached in 2019. However, in this booming sector, diversity does not move at the same pace: while many of the jobs that are not directly related to investment (administrative tasks, investor relations and platform) are […]
There’s been a dramatic drop in the number of businesses reporting cashflow issues, with three times as many SMEs as usual saying they had no cashflow problems in the past year. This result, in ScotPac’s SME Growth Index, points to business owners holding on to their cash in the face of extraordinary economic conditions and […]
Marking a key milestone for Africa’s continental trade system and export-led growth, under the umbrella of Arab Africa Trade Bridges (AATB) Program, the International Islamic Trade Finance Corporation (ITFC), in cooperation with the Egyptian Export Development Authority, and under the patronage of Her Excellency Nevin Gamea, Minister of Trade and Industry, launched the first training […]
HBL, Pakistan’s largest commercial bank, has become the first bank in Pakistan to invest in a digital fintech startup with its significant participation in the last tranche of Finja’s Series A1 round. HBL joins leading global fintech funds invested in Finja including BeeNext, Vostok Emerging Finance, Quona Capital, and ICU Ventures. All investors from previous […]
3S Money, a bank challenger that enables corporates to accept and manage bank transfers in foreign markets, today announced that it is expanding its portfolio of banking partners to include Raiffeisen Bank International A.G. – an Austrian banking group. The security of this new partnership enables 3S Money to expand its reach into global markets, […]
Overall, the Chinese economy expanded by 2.3% in 2020, being the only major economy to record growth, and Coface expects the GDP to accelerate to a 7.5% growth in 2021. This would be the fastest pace since 2013, and comfortably above the minimum of 6% set by the authorities. In normal times, higher economic growth […]
The UK has begun formal preparation for a free trade agreement with India, a post-Brexit target for Prime Minister Boris Johnson as he seeks to prove the benefit of leaving the European Union. Britain will begin a 14-week consultation on the potential FTA with the world’s largest democracy with the aim of starting negotiations in […]
The fast-growing challenger Fedelta chooses to partner with Vilja when expanding its SME loan business in Sweden. The booming SME loan segment is in huge need of digital banking offerings that are simple and flexible. Today the SME companies are underserved with lengthy, complex and unfair application processes. However, the availability of new data sources […]
FCI Academy announces the opening of the certificate programmes and the specialized online courses to all industry stakeholder. FCI Academy, the most complete education programme on Factoring & Receivables Finance, is providing a wide range of globally recognised and accredited educational offerings that aim to support personal, corporate and market development globally. Until now, most […]
PPS, formerly PrePay Solutions and an Edenred company, today announces new partnership with leading Finnish accounting company, Talenom. Listed on the Helsinki Stock Exchange since 2015, Talenom provides commercial accounting and bookkeeping solutions across the Finnish and Swedish markets. Its traditional customer base is weighted towards medium size companies, but a strategic focus to increase […]
