Tag: Trade finance

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.

WaveBL raises $37m in Series B funding, advancing digital trade technology

WaveBL, the innovative leader in the digital trade document sector, has successfully secured an additional $11m in funding from new investors, specializing in the bulk-liquid and smart logistics sectors.

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.

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