NBFC-Factor India Factoring to leverage Yubi's tech stack to power trade finance

Quick Summary:

Accumn, a subsidiary of Yubi Group, will assist India Factoring in refining its credit assessment process and help it onboard new clients in India who need cross-border financing.

The company helps businesses convert their receivables—amounts owed by customers—into immediate cash, offering liquidity for both domestic and export sales.

This tracking includes updates on changes in borrower status, company leadership, financial condition, and legal matters for better credit decisions.

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Article Details

Author / Journalist: Sayan Sen

Category: StartupsEconomyBusiness

Markets: IndiaMalta

Topics: Yubi Group Credit Factoring Nbfc-factor Company Cross-border India Information Indian Financing

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 09:21:12 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 363 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23717497

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 11 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #44

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