Pakistani fintech Haball has raised US$52mn in equity and debt as it plans expansion of its SME lending platform to Saudi Arabia later this year. Haball operates a shariah-compliant supply chain finance (SCF) platform, Wisaaq, which operates through partnerships with funding banks. It has secured a US$5mn equity investment from Pakistani venture capital firm ...| Global Trade Review (GTR)
Supply chain finance provider Orbian is set to acquire Payment Institution Roger, a Czech fintech that has financed invoices worth more than €1.6bn since its launch in 2013. Brno-based Roger provides supply chain finance programmes for large buyers and receivables finance for SMEs, offering both a multi-funder peer-to-peer platform and a white-label solution for corporates. ...| Global Trade Review (GTR)