Invoice factoring enters digital age
A Hong Kong startup has turned an age-old financial instrument into a new asset class for professional investors.
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SCIENCE
Digitisation in financial markets – known as fintech – is creating new investment niches.
One is the age-old practice of factoring – the selling of invoices at a discount to maintain cashflow, typically from a manufacturer after goods are sold to a retailer on terms of 60-90 days.
Two Italian
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Nevil Gibson
Thu, 19 Apr 2018
Thu, 19 Apr 2018
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Invoice factoring enters digital age
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