Tag: Trade finance
Lloyds Bank launches paperless guarantee initiative to boost trade efficiency
Lloyds Bank, a renowned British financial institution, has unveiled its groundbreaking solution aimed at transforming the trade finance landscape.
Emirates NBD launches digital wealth platform
Emirates NBD has unveiled a cutting-edge digital wealth platform as part of its 60th-anniversary celebrations.
Emirates NBD takes stake in Swiss FinTech Komgo
Dubai's largest lender Emirates NBD has made an equity investment in trade finance and treasury network Komgo.
MODIFI powers ahead with $100m facility from HSBC
MODIFI, a global business payments firm specialising in cross-border B2B transactions, has announced a new funding round. This fast-growing FinTech enterprise, established in 2018, is known for providing instant payment solutions to suppliers and offering payment deferment options to buyers for up to 180 days.
Santander CIB aligns with Komgo, boosting digital transformation
Santander Corporate & Investment Banking (Santander CIB), a premier global bank specialising in trade finance, has joined hands with Komgo, the foremost multi-bank trade finance network worldwide, through a strategic equity investment.
Cleareye.ai bags strategic investment from J.P. Morgan
Cleareye.ai, a pioneer in digital trade finance, recently declared a significant investment from J.P. Morgan's Trade and Working Capital group. The fund is aimed at expanding Cleareye.ai's digital reach in the trade finance industry.
World Trade Board opens talks on how to help MSMEs
The World Trade Board has launched a consultation around a new framework that would increase access to trade for micro, small and medium-sized businesses (MSMEs).
Trade finance firm Marco nets $200m credit facility
Marco, a tech-enabled trade financing platform built for SMEs in Latin America and the US, has received a $200m credit facility.
New trade financing 40Seas emerges from stealth with $111m
40Seas is a new cross-border trade financing solution launched out of stealth following the close of an $11m seed funding round.
Tradeteq collects $6.3m in seed round
UK-headquartered trade finance distribution platform Tradeteq has collected $6.3m for its seed equity round.The investment was led by ADV, and will be used to...