Spendesk Expands into Spain and Italy Following Success of UK Launch
- 3 years 4 months ago
- Management
Spendesk, the 7-in-1 spend management solution for small and medium-sized businesses (SMBs), today announces it will expand into Spain and Italy, opening two new offices in 2023. The new locations build on the company’s existing presence in the UK, France and Germany, as part of its strategic plan to become the spend management market leader across Europe.
Neo Clears $5 Billion as Global Demand for Frictionless Cross-border Payments Increases
- 3 years 4 months ago
- Cash management
Neo, the treasury management, payments and FX fintech, has cleared $5 billion through its multi-currency accounts as cross-border payment volumes increase globally. The provider launched its multi-currency account offering for treasurers in June 2020 and cleared $4 billion in the past year. This compares to $1 billion in its first 15 months, reflecting growing demand from clients for a fast, cost-effective and transparent alternative to the... more
Tonga Development Bank Opens up Trade for Tonga’s Small Businesses with Currencycloud Partnership
- 3 years 4 months ago
- Trade Finance
Currencycloud, the experts in simplifying business in a multi-currency world, has been chosen by Tonga Development Bank (TDB) as a partner to help open up frictionless commerce and extend the reach across Oceania and beyond for Tonga’s small-medium businesses (SMBs).
Kyriba Revolutionises Cash Forecasting for CFOs with Liquidity Planning Platform
- 3 years 4 months ago
- Management
Kyriba, (“the Company”), a global leader of cloud-based finance and IT solutions, today announced the launch of Liquidity Planning, a totally reimagined cash flow planning and forecasting solution. Liquidity Planning unifies FP&A, working capital and treasury data across multiple scenarios, giving CFOs data, insight and actionability to accurately manage the cash lifecycle and improve the accuracy of free cash flow projections.
ADSS Partners with Real-time Analytics Leader KX to Accelerate Transformational Growth Strategy
- 3 years 4 months ago
- Trade Finance
ADSS, the Abu Dhabi and London-based financial services firm, has partnered with leading real-time analytics company KX to increase operational efficiency as it rolls out its transformational growth strategy and offers clients greater access to liquidity and a broader range of financial instruments.
B2B Marketplace Solv Launches in Kenya to Unlock MSMEs’ Growth Potential
- 3 years 4 months ago
- Trade Finance
Micro, Small and Medium Enterprises (MSMEs) in Kenya will now be able to access working capital financing and a wide range of other business solutions following today's launch of Solv in Kenya.
Metaverse VP Bails to Lead Stripe’s Revenue and Financial Management
- 3 years 4 months ago
- Management
Stripe has appointed Microsoft and Meta veteran Vivek Sharma as its first head of revenue and financial management. In the new role, Sharma will oversee an increasingly important part of Stripe's business as it continues to expand beyond payments and become a financial one-stop shop for internet businesses. Among the products under his command will be Stripe Billing, Stripe Invoicing, Stripe Tax and Revenue Recognition.
Beams Fintech Fund Invests in India’s Leading Supply Chain Finance Company, Progcap
- 3 years 4 months ago
- Supply Chain Finance
Beams Fintech Fund, India’s first Growth Stage Fintech Fund, has invested in the Series C round of Progcap, India's leading supply chain finance company. Beams has invested alongside Google, Creations, Tiger and Sequoia in this round. Other investors in this company include GrowX, CIBIL chairman MV Nair, Freecharge co-founder Sandeep Tandon. 9Unicorns & ZNL Growth Fund also participated in the round along with Beams.
Vestd Simplifies SEIS/EIS Advance Assurance after Budget Extension
- 3 years 4 months ago
- Management
Equity management platform Vestd has announced its latest offering to provide founders with the easiest way to apply for advance assurance from HMRC for the Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS). In the September mini-budget, the Chancellor announced the extension of EIS beyond 2025 and major changes to the SEIS from April 2023.
Xpence - the Financial Management Platform Empowering MENAP SMEs- Launches its Expense Management Solution in the UAE
- 3 years 5 months ago
- Management
Xpence - the MENAP regions first financial management platform with embedded business banking solutions for SMEs - announces the launch of its expense management solution in the UAE – the second of five strategic markets it plans to launch in over the next 18 months.
Surecomp Pioneers Automated ESG Scoring on RIVO to Help Drive Sustainable Global Trade
- 3 years 5 months ago
- Trade Finance
Surecomp® today announced that it has successfully completed a pilot of automated ESG scoring and tracking in its flagship trade finance solution RIVO™. Based on an unrivalled dataset of more than one thousand transactions, covering more than seven hundred corporates, hundreds of goods and trade routes, ESG scoring can now be applied at a single trade finance transaction level.
Phundex Delivers Additional Platform Functionality, Enhanced Pathways and More Comprehensive Helpdesk Content
- 3 years 5 months ago
- Management
Phundex is pleased to announce a significant release, in line with the product roadmap of regular enhancements planned for 2022. We focus on client-driven design and functionality. Regular feedback and requests from clients have shaped the enhancements delivered in this latest release.
Finastra Connects to Contour, Offering an Enhanced Digital Trade Finance Network
- 3 years 5 months ago
- Trade Finance
Today at Sibos 2022 in Amsterdam, Finastra announced a strategic collaboration to integrate its Fusion Trade Innovation software with Contour, the global digital trade finance network, providing banks and corporates with a streamlined end-to-end back-office workflow. Users may access their data through either platform, providing banks with increased efficiency and faster turnaround times when processing Letter of Credit transactions.
HSBC Launches Digital Platform that Revolutionises Trade Finance
- 3 years 5 months ago
- Trade Finance
HSBC has launched HSBC Trade Solutions (HTS) to customers in its two largest markets - the UK and Hong Kong. Whilst making trade simpler, faster, and safer for customers through integrated digital journeys, HTS will power commerce that is rapidly evolving across different platforms and ecosystems.
CoreCard Corporation Announces New Board Member
- 3 years 5 months ago
- Management
CoreCard Corporation announced the addition of a new board member, Kathryn Petralia, to serve as an independent Director of the Company. Ms. Petralia is the Co-Founder of Keep Financial, a fintech compensation platform that helps employers and employees stay together longer and happier. Prior to starting Keep, Kathryn Co-Founded Kabbage, financial services, technology and data platform for small businesses that was acquired by American Express... more
