LONDON: Supply@ME Capital plc (SYME), a fintech company that offers a platform for businesses to access cashflow from their inventory, has announced a new deal with Banco BPM S.p.A. (BBPM), Italy’s third largest financial services group. The deal involves an initial transaction of up to €10m with an existing client of BBPM, who is a…
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Supply@ME appoints James Coyle as new non-executive Chairman
LONDON, UK: Supply@ME Capital plc, the fintech business which provides an innovative Platform for use by manufacturing and trading companies to access Inventory Monetisation solutions enabling their businesses to generate cashflow, is pleased to announce the appointment of Jim Coyle as its new independent non-executive chairman with effect from 28 October 2021. The Company conducted…
Supply@ME to acquire Singapore based commodities trade enabler
LONDON: Supply@ME Capital plc, the innovative fintech platform which provides the Inventory Monetisation service to manufacturing and trading companies, has signed Heads of Terms (HoT) for the acquisition of a leading FinTech-powered commodities trade enabler, focused on SMEs, based in Singapore. The acquisition will allow SYME’s Platform to complete its global offering, by monetising inventory…
Supply@ME’s Shariah Compliant platform officially approved
LONDON: Supply@ME Capital plc (SYME) announced that the authorisation process for SYME’s Shariah compliant Inventory Monetisation Platform has been successfully completed. Following the announcement of 3 November 2020, the Company, with the support of the Shariah Funding Specialist and iMASS, has received the following communication: “An official pronouncement has been released by Sheikh Dr. Mohamed…
Supply@ME joins hands with iMass LLC to expand into the Middle East market
LONDON: Following a joint market assessment that commenced in June, Supply@ME announced that it has signed a Memorandum of Understanding (MOU) with Khaled Abdulla Almass and his investment company, iMass LLC to facilitate the expansion of Supply@ME into the Middle East market. Whilst Europe will remain the focus, with the UK a specific next target,…