Search Results for: trade finance

Marco Financial Takes Aim at the $350 Billion Latam Trade Finance Gap With $26M Round
Capital Markets Fintech Fintech Funding News

Marco Financial Takes Aim at the $350 Billion Latam Trade Finance Gap With $26M Round

Fintech News Desk
Marco Financial—the first tech-enabled financing platform built for small and medium-sized Latin American exporters—announced it has secured $26M in funding and credit that will enable the company to address the $1.5T global trade finance gap that disproportionately impacts small-and medium-sized (SME) businesses. Marco supports SMEs based in Latin America, where a $350 billion trade finance gap......
Triterras Launches Kratos Logistics Module in Partnership with Seven Oceans
Business Fintech News Trading

Netfin Acquisition Corp. to Combine with Triterras Fintech Pte Ltd., Creating a Leading Fintech Company Focused on Global Trade and Trade Finance

Fintech News Desk
Netfin Acquisition Corp. (Nasdaq: NFIN, NFINW) (“Netfin” or the “Company”), a special purpose acquisition company targeting businesses in the fintech industry, and Triterras Fintech Pte Ltd. (“Triterras Fintech”), a leading fintech company for commodity trading and trade finance, have entered into a definitive agreement for Triterras Fintech to become a publicly listed......
Kofax Transforms Accounts Payable Workflows with Intelligent Automation
Fintech News Robotic Process Automation

Kofax Launches Global Trade Finance Solution – Digitally Transforming High Volume, Complex Document Processing

Fintech News Desk
Kofax, a leading supplier of Intelligent Automation software for digital workflow transformation, announces a new Trade Finance Solution. This low-code, configurable framework built on the Kofax Intelligent Automation platform accelerates end-to-end automation of trade finance workflows. The solution automates the processing of paper and electronic trade transaction documents – enabling banks and......
Spain's CaixaBank Teams with IBM Services to Accelerate Cloud Transformation and Innovation in the Financial Services Industry
Banking Blockchain Business Fintech News

we.trade Digital Trade Finance Network Strengthens Collaboration With IBM

Fintech News Desk
IBM joins founding banks as a new shareholder we.trade, a  blockchain-based platform that makes international trade faster and more efficient, announced an enhanced collaboration with IBM which will enable network enhancements and accelerate the global commercialisation of the platform. IBM has also become a new shareholder along with the 12......
Trade Finance Firm Drip Capital Launches Inventory Financing Product GoTrade
B2C Business Capital Markets Fintech News

Trade Finance Firm Drip Capital Launches Inventory Financing Product GoTrade

Fintech News Desk
GoTrade, a trading arm of Drip Capital, Inc., announced that it has sealed a deal worth US$4 million with a leading seafood importer based out of New Jersey. Read More: Bank of Montreal, Motley Fool, Pernod Ricard USA and Wabtec Among Customers That Signed On With BlackLine In Q1 2020 Access to......
Stenn Closes New $200 Million Programme to Expand Digital Trade Finance Services
Capital Markets Fintech Fintech Funding News

Stenn Closes New $200 Million Programme to Expand Digital Trade Finance Services

Fintech News Desk
Stenn International Ltd., a data and financial technology company that delivers innovative online solutions for buyers and sellers in the global supply chains, announced that it has closed a new $200 million financing facility from Crayhill Capital Management LP (“Crayhill”), a New York-based private credit manager and asset-based lender. The facility complements Stenn’s existing award-winning......
Surecomp Sets the New Open Banking Standard for Trade Finance APIs and Gives Free Trial to Customers
Banking Fintech News

Surecomp Sets the New Open Banking Standard for Trade Finance APIs and Gives Free Trial to Customers

Fintech News Desk
Surecomp, the leading provider of global trade finance solutions for banks and corporates, announced the opening of its Application Programming Interfaces (API) architecture to customers in a sandbox testing environment, setting the new open banking standard in the digitization of trade finance processing and connectivity. Read More: WorldRemit Partners with Wizall......
Finastra Named Best Global Trade Finance Software Provider
Banking Fintech News

Finastra Named Best Global Trade Finance Software Provider

Fintech News Desk
Global Finance Award Recognizes Finastra’s Advanced Capability and Innovative Technology in This Space Finastra has been named best global trade finance software provider by Global Finance at the Trade Finance Awards 2020. The accolade was announced at an awards ceremony held at the BAFT Global Annual Meeting in Frankfurt last week. It recognizes......
Citi Launches New Digital Trade Receivable Finance Solution
Finance Fintech News

Citi Launches New Digital Trade Receivable Finance Solution

Business Wire
Solution Will Help Accelerate Monetization of Receivables from Weeks to Under an Hour Citi has launched Citi Digital Bill (CDB), a new integrated digital bill discounting solution, making centuries old practices future ready. CDB significantly reduces complexity by eliminating the need for physical documents and couriers and the movement of......
PROVABLE MARKETS: Securities Finance Execution and Post-Trade Platform Secures $8MM Series A Investment Round
Finance News

PROVABLE MARKETS: Securities Finance Execution and Post-Trade Platform Secures $8MM Series A Investment Round

Business Wire
–Provable Markets, a New York and Amsterdam based provider of front, middle, and back-office technology solutions for Securities Finance, announced the completion of its Series A investment round led by Dialectic Capital Management, with participation and support of current investors Inkef Capital and Anthemis. “Securities Lending is a uniquely complex,......
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