Tag: Trade finance
Why trade finance fraud threatens global markets
Trade finance facilitates around 80% of global trade, underpinning $25tn in annual transactions by enabling secure, cross-border deals between buyers and sellers. But while...
Tensec secures $60m to expand AI cross-border finance
Tensec, a firm specialising in AI-driven cross-border financial services, has secured a $60m credit facility from Upper90 Capital Management to accelerate its expansion.
The new...
Barclays and CGI join forces on trade finance digitisation
Barclays has partnered with CGI to further its digital trade finance strategy by integrating CGI’s Trade360 platform with Komgo’s Konsole system, the largest multi-bank trade finance platform.
Fiinu acquires Everfex before Plugin Overdraft® debut
Fiinu, the London-listed FinTech firm behind the Plugin Overdraft® platform, has finalised the £8m acquisition of European foreign exchange brokerage Everfex.
The move marks a...
FinTech lender Zvilo secures €75m facility from Fasanara
Zvilo, a FinTech company specialising in working capital solutions for underserved markets, has secured an expanded credit facility of up to €75m from Fasanara Capital.
Tensec bags $12m to modernise SMB cross-border finance
Tensec, a company focused on transforming cross-border financial services, has raised $12m in a seed funding round aimed at disrupting the $190tn global payments...
MODIFI captures $15m investment to expand SME exports in Asia
MODIFI, a leader in B2B Buy Now, Pay Later (BNPL) solutions, recently announced a substantial $15m investment.
Standard Chartered unveils sustainable finance variants to boost trade loan flexibility
Standard Chartered has unveiled the sustainable finance variants of BBTL, marking a significant expansion of its finance solutions.
BNY partners with Kanexa to revolutionise open account automation
BNY, The Bank of New York Mellon Corporation, is a powerhouse in global financial services, while Kanexa stands as a leading figure in automation solutions.
Detecting and preventing invoice fraud in trade finance
Invoice fraud is a significant issue in the UK, with one in three businesses falling victim to paying for products and services that never...










