News

/News

SCF provider Greensill gets $250m boost for expansion

New York p/e group General Atlantic has invested in the UK supply chain finance provider, which has expanded its range of working capital finance products.

Hong Kong to launch blockchain-backed trade finance

A total of 21 banks have signed up to the Hong Kong Monetary Authority - Ping An initiative to fund smaller businesses, which will launch next month.

SCF lifeline launches for Kenya’s small businesses

A cap on the country’s commercial interest rate in recent years has made many of the country’s banks reluctant to lend to SMEs.

Sustainability offers a $660 billion SCF opportunity: BSR

Sustainable supply chain finance creates tangible cash incentives for suppliers and transforms global supply chains, says the US non-profit organisation.

Indian SCF start-up CredAble secures funding of $15m

The company plans to expand its lending into more sectors and has longer-term ambitions to move into international markets.

Banks focus on SCF, but less on trade digitisation

Global banks are focusing on supply chain finance in the year ahead, but many regard digitising their trade finance process as less of a priority.