Invoice Bazaar Blog

B2B Fintech News

ADB partners with TPB to lend US$25m to women-led SMEs in Vietnam

By Invoice Bazaar | January 14, 2022

The Asian Development Bank (ADB) and Tien Phong Commercial Joint Stock Bank (TPB) have signed an agreement under which ADB..

Read More

Jakarta-based SME-focused fintech KoinWorks raises US$108 million

By Invoice Bazaar | January 13, 2022

KoinWorks, the Jakarta-headquartered financial platform for SMEs, has raised US$108 million in Series C funding led by..

Read More

KredX to become one-stop solution provider of supply chain financing

By Invoice Bazaar | January 11, 2022

KredX, an invoice discounting platform in India, has announced the completion of a major rebranding exercise to reflect its vision..

Read More

Nakuru County Govt partners with Kenya Commercial Bank to support SMEs

By Invoice Bazaar | January 10, 2022

Nakuru County Government has signed a memorandum of understanding (MoU) with Kenya Commercial Bank (KBC) to offer..

Read More

Indian state of Uttar Pradesh gives Rs 43.14bn loans to 506,995 MSMEs

By Invoice Bazaar | January 8, 2022

Uttar Pradesh, India’s most populous and fourth-largest state, disbursed loans amounting to Rs 43.14 billion to 506,995..

Read More

ECLGS helps save 1.35 million MSMEs and 15 million jobs in India

By Invoice Bazaar | January 7, 2022

The Emergency Credit Line Guarantee Scheme (ECLGS) launched by the Government of India in May 2020 to provide relief to micro..

Read More

DBJ seeks investors to partner on two equity funds to finance SMEs

By Invoice Bazaar | January 6, 2022

The Development Bank of Jamaica (DBJ), the state-owned development bank, is seeking two private investors to partner on two equity funds that will deploy US$6 billion to..

Read More

India’s PSBs lag behind private peers in loans to MSMEs under ECLGS

By Invoice Bazaar | January 5, 2022

In India, private sector banks have shown greater tendency than the public sector banks (PSBs) for utilizing the Emergency Credit..

Read More

EIF and UniCredit to provide funding of EUR 1 billion to Balkan SMEs

By Invoice Bazaar | January 4, 2022

The European Investment Fund (EIF) and UniCredit have decided to provide up to EUR 1 billion funding to small and medium-sized..

Read More

Saudi Fund for Development inks 3 different deals to fund MSMEs in Egypt

By Invoice Bazaar | January 3, 2022

The Saudi Fund for Development (SFD) has signed MSME financing agreements with three different entities in Egypt – Industrial..

Read More

Manufacturing units in Iran to get supply chain finance from banks

By Invoice Bazaar | January 2, 2022

Central Bank of Iran (CBI) and the Industry, Mining, and Trade Ministry will collaborate with seven acting banks to provide supply chain financing facilities to production units..

Read More

Role of MSMEs vital for India to transform into a US$5-trillion economy

By Invoice Bazaar | January 1, 2022

Micro, small and medium enterprises have a very crucial role in powering the economic growth of India, and currently, the focus..

Read More