Search Results for: working capital

RumbleOn Announces Used Powersports Inventory Financing Credit Facility Agreement with J.P. Morgan
Finance Fintech News

RumbleOn Announces Used Powersports Inventory Financing Credit Facility Agreement with J.P. Morgan

Fintech News Desk
The Credit Facility Provides RumbleOn with $75 Million of Available Credit to Finance Used Powersports Inventory RumbleOn, Inc., the nation’s first technology-based omnichannel powersports platform, today announced that it has entered into a $75 million used powersports inventory financing credit facility with J.P. Morgan. The inventory financing facility supports RumbleOn’s......
SWIFT and MonetaGo Deliver Major Milestone in Fight Against Trade Finance Fraud
Finance News

SWIFT and MonetaGo Deliver Major Milestone in Fight Against Trade Finance Fraud

Fintech News Desk
SWIFT and MonetaGo have achieved an important milestone in the global fight against fraud and duplicate financing, with the live launch of the Trade Financing Validation Service provided by MonetaGo over the global SWIFT network. “Trade finance is rightly understood to be a low-risk asset class that finances the real......
Arf Raises $13 Million From Investors Including Circle Ventures, Hard Yaka, and SDF
Banking News

Arf Raises $13 Million From Investors Including Circle Ventures, Hard Yaka, and SDF

Fintech News Desk
The VQF-regulated global settlement banking platform using Web3 technologies has raised $13m in a seed round with the participation of industry leaders including Circle Ventures, Hard Yaka, United Overseas Bank Venture Management, Signum Capital, and Stellar Development Foundation. Arf has raised $13 million in equity and debt financing in a seed round from notable......
CoreChain Partners with BillGO to improve speed and remove paper checks
Blockchain Digital Payments News

CoreChain Partners With Billgo To Improve Speed And Remove Paper Checks

Fintech News Desk
CoreChain to offer encrypted, secure, digital B2B payments, while bringing next-gen blockchain-based architecture and technology to BillGO CoreChain Technologies, the first digital B2B payments network built on blockchain, and BillGO, one of the industry’s largest bill payment platforms and fintech trailblazer, announced they have partnered to enhance the delivery of......
Mercantile Launches Industry-Specific Credit Card Platform That Supports Small Business Success
Fintech News

Mercantile Launches Industry-Specific Credit Card Platform That Supports Small Business Success

Fintech News Desk
Company raises $22 million, partnering with the American Optometric Association, the Academy of Doctors of Audiology, and more to provide custom-built card programs for members Mercantile, the industry-specific credit card platform designed to meet the unique needs of small businesses, publicly launched to help SMBs succeed in an increasingly tough......
HSBC Launches Digital Receivables Finance capability
Digital Finance News

HSBC Launches Digital Receivables Finance capability

Fintech News Desk
Digital application process slashes approval times from months to days HSBC has cut the approval process for new Receivables Finance (RF) customers from one to two months to under 48 hours, using a new technology platform. Using the new online application journey, co-created with Trade Ledger, with a few clicks......
Fintech Funding News

NorthOne Announces $67 Million Series B Round

Fintech News Desk
NorthOne announced it has raised $67 million in Series B funding. With participation from new and existing investors, NorthOne is poised to further expand the reach of its business banking and financial management platform across all sectors of the small business community. Eytan Bensoussan and Justin Adler founded NorthOne in......
B2B News

Arf And Knox Wire Announce Cross-border Partnership

Fintech News Desk
Arf and Knox Wire announce a new global payment partnership. The collaboration will strengthen market offerings and increase the global reach of both institutions. Arf and Knox Wire are both internationally focused financial institutions that specialize in cross-border payment solutions. Arf is a global settlement banking platform that offers real-time......
Why Strategic Sourcing Has Become Crucial for the Fintech Industry E-Commerce and Digital Payments: What to Expect in 2022
Commerce Guest Posts

Why Strategic Sourcing Has Become Crucial for the Fintech Industry

Prasanna Rajendran
The pandemic of COVID-19 led to a significant reshaping of how businesses operated. With lockdowns implemented globally, it became increasingly challenging to manage businesses traditionally; a more robust approach had to be adopted. Failure to adapt to this led to numerous companies coming to an end. Hence it became imperative......
Digital Bank Fairmoney Partners With Oradian To Accelerate Market Growth
Banking News

Digital Bank Fairmoney Partners With Oradian To Accelerate Market Growth

Fintech News Desk
FairMoney, the leading credit-led digital financial institution in Nigeria, engages cloud banking solution Oradian to power next phase of growth.  FairMoney looks to Oradian to replicate its successful Nigeria growth in other African territories and to launch new products in Asia.  Oradian chosen thanks to its system performance, speed of......
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