Tagged: trade financing

February 16, 2021 @ 6:26 pm By Omar Faridi  |  

The Financial Services and the Treasury Bureau (FSTB) in Hong Kong had announced last month that the Fintech Proof-of-Concept Subsidy Scheme (PoC Scheme) will be opening for applications from February 26, 2021. According to a release, the PoC Scheme has been introduced to encourage traditional… Read More

April 26, 2020 @ 9:40 pm By JD Alois  |  

JPMorgan (NYSE:JPM), the largest bank in the US, needed to deal with a legacy platform as it sought to better handle financing needs for corporate customers. The bank decided it was better to partner with a Fintech instead. According to a report in Bloomberg, JP… Read More

September 23, 2019 @ 8:25 am By Samantha Hurst  |  

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NYSE: INFY), announced on Monday it has completed its global blockchain trial in partnership with blockchain software company, R3. According to Infosys Finacle, a total of eighteen banking groups joined the test network of… Read More

October 30, 2018 @ 4:00 am By JD Alois  |  

GTR Ventures, an investment company that specializes in trade and supply chain, has announced an investment in Orbitt – an African focused Fintech deals platform. This is GTR’s first Africa focused investment. Orbitt is based in London with operations in Mauritius and a user-base across 28… Read More

July 18, 2018 @ 7:47 am By Samantha Hurst  |  

Tradeteq, a UK-based trade finance distribution platform, has successfully secured $6.3 million through its Seed Extension round, which was led by ADV. Founded in 2016, Tradeteq notably provides a collaborative network for trade finance investors and originators to connect, interact, and transact. The company also delivers AI-powered… Read More