Trade finance

Trade finance signifies financing for trade, and it concerns both domestic and international trade transactions. A trade transaction requires a seller of goods and services as well as a buyer. Various intermediaries such as banks and financial institutions can facilitate these transactions by financing the trade.

(source: en.wikipedia.org)

DiMuto and Aleta Planet Streamline B2B Payments and Trade Finance
DiMuto and Aleta Planet Streamline B2B Payments and Trade Finance
January 17, 2023  |  B2B Payments

DiMuto and Aleta Planet have partnered to support digital B2B payments and trade finance. The collaboration brings together DiMuto’s global trade solutions platform and Aleta...

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Tradeling, Mastercard Team to Increase Small Business Access to Finance
Tradeling, Mastercard Team to Increase Small Business Access to Finance
January 16, 2023  |  SMBs

The MENA-focused B2B eCommerce Tradeling has announced a collaboration with Mastercard. As part of the partnership, Tradeling business-to-business (B2B) customers in the United Arab Emirates...

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Digitization Speeds Approvals, Closes Gaps in EU Trade Finance Sector
Digitization Speeds Approvals, Closes Gaps in EU Trade Finance Sector
January 12, 2023  |  B2B Payments

Digital technologies are driving innovation in trade finance, enabling faster decision-making and more streamlined processes. In the past, trade finance was bogged down by lengthy...

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Afreximbank Spends $1.5B to Promote Trade Finance in Caribbean
Afreximbank Spends $1.5B to Promote Trade Finance in Caribbean
December 26, 2022  |  emea

Trade finance firm Afreximbank has allocated $1.5 billion to help Caribbean countries access its services. The Cairo-based company announced the arrangement Monday (Dec. 26), saying...

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African Development Bank Teams With Bank One on Trade Finance
African Development Bank Teams With Bank One on Trade Finance
December 23, 2022  |  emea

The African Development Bank Group is supporting the trade finance efforts of Bank One Limited.  The Group will provide a $40 million trade finance package that is meant...

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Drip Capital and Vayana TradeXchange Partner on Trade Finance Solutions 
Drip Capital and Vayana TradeXchange Partner on Trade Finance Solutions 
December 22, 2022  |  Cross Border Commerce

Drip Capital and Vayana TradeXchange have partnered on trade finance services for small to medium-sized exporters.  Through this partnership, Drip Capital — which offers post-shipment...

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Sustainable Supply Chain Finance Gains Traction in MENA
Sustainable Supply Chain Finance Gains Traction in MENA
December 19, 2022  |  Supply Chain

Supply chain financing is going green as businesses worldwide work toward their sustainability goals. The increasingly popular practice, known as “sustainable supply chain finance,” entails...

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Komgo Acquires GTC in Major Trade Finance Tech Merger
Komgo Acquires GTC in Major Trade Finance Tech Merger
December 01, 2022  |  Acquisitions

U.S.-based GlobalTrade Corporation (GTC) announced it has been acquired by Swiss-headquartered Komgo. Terms of the deal, which sets the stage for a merger of two...

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FinTechs Plug SMB Trade Finance Gap With Digital Data
FinTechs Plug SMB Trade Finance Gap With Digital Data
December 01, 2022  |  Cross Border Commerce

The cost of staying in business on the global stage is getting tougher to shoulder. Especially for the small and medium-sized businesses (SMBs) that power...

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