Tag: Trade finance

Ebury expands into Africa with strategic acquisition of Prime Financial Markets

Ebury, a prominent global FinTech firm based in London, recently announced its acquisition of Prime Financial Markets, a South Africa-based financial services provider specialising in treasury and financial market advisory and intermediary services.

Citi expands payments capabilities with Icon Solutions investment

Citi Treasury and Trade Solutions has recently made a strategic investment in Icon Solutions to expand the firm's strengthen its technology and payments capabilities.

Nigerian startup FrontEdge bags $10m for trade finance growth

Nigerian trade finance startup FrontEdge, a company focused on facilitating cross-border trades for African SMEs, has raised a substantial $10m in a mix of debt and equity funding.

Finastra and ELCY unveil unified Corporate Trade Finance Portal for global...

Finastra, a prominent global provider of financial software applications and marketplaces, is joining forces with ELCY, a leading specialist in e-commerce solutions dedicated to the processing of international 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.

120,000+ FinTech leaders get exclusive industry stories delivered every week