Tag : Citi

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......
Setpoint Secures $31M Series B From Wells Fargo, Citi, 645 Ventures, Andreessen Horowitz and Others to Revolutionize Credit Infrastructure
Finance Fintech Investments News

Setpoint Secures $31M Series B From Wells Fargo, Citi, 645 Ventures, Andreessen Horowitz and Others to Revolutionize Credit Infrastructure

Business Wire
Setpoint, the leading infrastructure provider for the credit industry, today announced the successful completion of its $31 million Series B funding round. 645 Ventures led the round, with significant strategic investments from Citi and Wells Fargo, alongside Andreessen Horowitz, NextView Ventures, Floating Point, Henry Kravis, Zillow founder’s 75 & Sunny,......
Citi and Emirates NBD Collaborate to Launch First-of-Its-Kind 24/7 USD Cross Border Payments in the Middle East
Banking Digital Payments News

Citi and Emirates NBD Collaborate to Launch First-of-Its-Kind 24/7 USD Cross Border Payments in the Middle East

Business Wire
The collaboration reflects another important milestone for Citi’s 24/7 USD Clearing multibank solution for its bank clients globally Citi and Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, announced a collaboration to launch Citi’s first-of-its-kind 24/7 USD Clearing service in the Middle......
Citi Launches Citi Real-Time Funding for Corporate Clients, Expanding Its Real-Time Treasury Suite
Fintech Funding News

Citi Launches Citi Real-Time Funding for Corporate Clients, Expanding Its Real-Time Treasury Suite

Business Wire
Latest real-time liquidity solution from Citi helps facilitate 24/7 account funding and streamline treasury processes Citi announced the launch of Citi Real-Time Funding (RTF), the latest addition to its real-time treasury suite of solutions for corporate clients. Citi Real-Time Funding is now available in Australia, Hong Kong and the United......
United Fintech Secures Strategic Investments From BNP Paribas and Citi
Fintech News

United Fintech Secures Strategic Investments From BNP Paribas and Citi

Business Wire
United Fintech claims the investments exhibiting a “forward-thinking leadership” as the the investors will get two board seats. Th unique model allows institutional investors to contribute to platform’s growth. BNP Paribas and Citi have become the first institutional investors in United Fintech Group Limited (“United Fintech”), a neutral Digital Transformation Platform, as part of a......
New Digital Benchmarking Research Identifies Citi, Chase, Bank of America and u.s. Bank as Top for Credit Card Digital Experience
Digital Payments News

New Digital Benchmarking Research Identifies Citi, Chase, Bank of America and u.s. Bank as Top for Credit Card Digital Experience

PR Newswire
The research finds that websites generally outscore mobile apps in terms of functionality, with many apps underperforming in key areas like account information, rewards and support. New research from Corporate Insight (CI) identifies Citi and Chase as the top performers in credit card website and mobile app experiences, respectively. The......
Citi GPS: Supply Chain Financing – Building Resilience as the New Definition of "Global" Emerges
Banking Finance Fintech

Citi Released ‘Supply Chain Financing – Building Resilience’ Report

Fintech News Desk
Key findings show that global trade is undergoing a period of transformation – the focus on supply chain resilience has led to businesses and countries building new trade corridors, or new relationships between dominant cities, economic development agencies, and rural areas, as well as the diversification of their supply chain......
SellersFi Closes Credit Facility up to $300M with Citi and Fasanara Capital
Finance Fintech News

SellersFi Closes Credit Facility up to $300M with Citi and Fasanara Capital

Business Wire
SellersFi, a global, cutting-edge financial technology startup, closed a new US credit facility with Citi and independent asset manager Fasanara Capital for $135MM with the potential to grow up to $300M as SellersFi expands. Citi provides the senior capital while Fasanara provides junior capital in the transaction. Also, Fasanara is......
Impact Disclosure Taskforce Created to Scale Financing of the United Nations Sustainable Development Goals
Finance Fintech News

Impact Disclosure Task Force Created to Scale UN SDG

Business Wire
The Impact Disclosure Taskforce (the “Taskforce”) was established to promote transparency and accountability among corporates and sovereigns regarding their intentions and progress towards advancing the United Nations Sustainable Development Goals (SDGs) The guidance supports entities committed to addressing development needs and reducing global inequality to access growing pools of sustainable......
Citi Develops Blockchain FX Solution under the Monetary Authority of Singapore’s Project Guardian
Banking Fintech News

Citi Develops Blockchain FX Solution under the Monetary Authority of Singapore’s Project Guardian

Business Wire
Citi has developed an innovative application that uses blockchain infrastructure to price and execute bilateral spot foreign-exchange (FX) trades. The application is a part of Project Guardian(i), a collaborative initiative by the Monetary Authority of Singapore (MAS) and the financial industry. While the current phase of the application tested spot......
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