LONDON: In a significant move to enhance cash flow for manufacturing and trading companies, SYME, a leading fintech business, has proudly announced the initiation of a €135 million Inventory Monetisation (IM) Securitisation Programme. This strategic agreement involves Société Financière Européenne S.A. (SFE) and a prominent Italian neo banking group. The programme is set to unfold…
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SYME advances in fintech with partnerships and innovative monetisation solutions
In a recent business update following the announcement on February 29, 2024, Supply@ME Capital plc (SYME), a pioneering fintech company, has reported significant progress in its Inventory Monetisation© (IM) solutions. These solutions are designed to enhance cash flow for manufacturing and trading companies through a cutting-edge fintech platform. White-label IM Business Line Progressing SYME, in…
SYME secures €10m deal with Italian bank for inventory monetisation
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…
SYME Completes First Inventory Monetisation Transaction Using Traditional Funding Sources
LONDON, UK: SYME, the fintech business known for its innovative fintech platform, has successfully finalized commercial agreements for its first Inventory Monetisation© (IM) transaction using traditional funding sources. The completion of these agreements marks a significant milestone for the company. Supply@ME UK Stock Company 4 Ltd. (UK StockCo), a subsidiary of SYME, secured a binding…