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Payments provider and FX hedging specialist Ebury has announced plans to accelerate its expansion in Latin America, with the company broadening its offering in Brazil and eyeing new markets in the region. Ebury opened an office in São Paulo last May, its first in the Latin America region, as part of a planned expansion following ...
Enterprise software company SAP is joining the ever-expanding supply chain finance (SCF) industry, after it agreed to buy a majority stake in working capital solutions provider Taulia. Founded in 2009, Taulia offers early payment through SCF, dynamic discounting, inventory and accounts receivable finance. Financial details of the transaction were not disclosed, but following a major funding ...
Credit and political risk insurance broker Texel Group has made a raft of changes at the top of the organisation and its subsidiary Meridian Finance Group. Meridian’s founder, Gary Mendell, has stepped down as president and taken the reins as executive chairman of the company, which was acquired by Texel in 2020. Ben Roberts, who ...
BNP Paribas has partnered with asset management firm Apollo and its subsidiary Athene to set up a new inventory finance platform. Eliant Inventory Solutions, which is now live, is built on tech provided by software company GEP Worldwide. Athene, which merged with Apollo this month, serves as Eliant’s primary financing partner, while Apollo will act as ...
Sweden’s Export Credit Corporation (SEK) has picked Maria Simonson to become the organisation’s head of sustainability, while at the same time boosting the position’s stature. Simonson will take up the position on April 1 after a 20-year career at Danske Bank, where she was most recently head of group sustainability. An SEK spokesperson says the ...