Tagged: invoice

Fintech Companies eNett International & Invoice Bazaar Announce Partnership: Seeks to Streamline Supplier Payments for Travel Companies

B2B travel payment solutions provider eNett International announced on Monday it has teamed up with UAE supply chain finance platform Invoice Bazaar to help make faster, easier, and safer supplier payments with the eNett Virtual Account Numbers (VANs) even more accessible for middle eastern travel… Read More

Online Lending Platform Credimi Signs Agreements with Four Primary Investment Funds

  Four primary investment funds have signed agreements with Credimi, an Italy-based online lending platform. The funds have subscribed the entire portfolio of (performing) commercial credits originated by the invoice financing platform in the first year. Credimi is the first fintech company authorized by Bank of Italy… Read More

Asset Backed Finance Jumps to £4.3 Billion in the UK

Alternative finance using asset-backed lending has hit a record high of £4.3 billion – up  22% versus year prior.Total asset-based finance hits £20.7 billion, another all-time high, as the Government Bank Referral Scheme kicks in. Nine of the UK’s  biggest banks will be required to pass… Read More

Manchester Based Invoice Financing Firm Due Course Raises £6.25 Million

Two-year-old online lender DueCourse has raised £6.25 million with the participation Alex Chesterman, Simon Franks and Rocket Internet affiliated GFC. The Manchester Evening News said DueCourse was queuing up to raise an additional £10 to £15 million in a Series A funding round at some point in… Read More

Estonia Based Investly Launches P2P Lending in the UK

Following a €600,000 investment, Investly has launched a peer to peer lending platform targeting UK SMEs. Investly is an invoice finance platform similar to market leader MarketInvoice. SpeedInvest, a venture capital group that has been active in the Fintech space, provided the financing to enable… Read More

GLI Finance: The Credit Eco-System is Failing SMEs

Commenting on the just published results from the Bank of England Credit Survey, Louise Beaumont of GLI Finance, criticized the traditional approach to capital allocation as an economic failure; “With credit availability remaining unchanged despite increased demand for lending from medium sized business, today’s figures… Read More