Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. The trend is not entirely unexpected and can be attributed to the pandemic, with FinTech funding dropping...
CCRManager, which works in distributing trade finance assets digitally, has notched S$3 million in a funding round, which will be used to service corporates for the first time in the company’s history. The funding will help support CCRManager’s new Open Distribution tool to help broaden corporates’...
With a market gap as wide as $1.5 trillion, it’s no wonder the trade finance industry has landed the attention of FinTechs at a lightning pace in recent years. Much of that focus occurs in the form of alternative lenders introducing new avenues through which...
CCRManager has launched an electronic trade finance, supply chain finance and working capital platform, with 16 banks across the globe already onboarded to the solution, the company said Tuesday (May 16). Those banks include Bank of China, ICICI Bank, Bank of America, HSBC, Standard Chartered...
