Tag: Trade finance

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...

Finastra and TradeSun revolutionise trade finance with AI-driven ESG scoring

Finastra has recently made a significant enhancement to its Trade Innovation technology by integrating AI-powered ESG scoring capabilities, in partnership with CoriolisESG from TradeSun.

Vayana TradeXchange and Arqit forge partnership to revolutionise global trade finance

Vayana TradeXchange has announced a groundbreaking partnership with Arqit Quantum, also known as Arqit. This collaboration is set to harness Arqit’s TradeSecure™ digital negotiable instrument technology to revolutionise international supply chains.

IBSFINtech secures $1.5m in pre-series A funding, aims for global expansion

IBSFINtech India Private Limited, a leading player in the TreasuryTech sector, has successfully closed a pre-series A funding round of $1.5m.

Commerzbank selects Surecomp to future-proof next level trade finance business

Surecomp, a provider of trade finance solutions, has announced a partnership with Commerzbank AG, Germany's leading trade finance bank.

FundPark secures $500m in asset-backed facility from Goldman Sachs

FundPark, a trailblazing FinTech company specialising in empowering digital entrepreneurs, has successfully closed an impressive asset-backed securitisation facility amounting to $500m.

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