Latest news with #working capital
Zawya
6 hours ago
- Business
- Zawya
DP World mobilises $1bln to boost trade flow
DP World Trade Finance has mobilised over US$1 billion in working capital for businesses across emerging markets, helping close the global trade finance gap and keep goods moving through some of the world's most challenging economic environments. This milestone was achieved through a combination of DP World's own lending operations and partnerships with more than 32 financial institutions globally, including J.P. Morgan, Standard Bank, NedBank and more. Their financing solutions, delivered alongside DP World's logistics capabilities, have helped reduce risk and improve access to capital for underserved businesses of all sizes, thus lowering barriers to international trade. By combining trade finance with logistics, DP World offers businesses both funding and real-time visibility into their supply chains. This integrated model helps lenders make faster, more informed decisions - unlocking capital where it's needed most. The portfolio that DP World Trade Finance handles has also proven to create a very healthy loan book with high-quality assets, way better than the industry benchmarks, further reinforcing the effectiveness of this data-driven, integrated approach. To date, DP World Trade Finance has enabled trade across Africa, the Americas, Asia, and Europe, supporting sectors including agriculture, metals, automotive, and engineering. Commenting on this achievement, Group Chairman and CEO of DP World Sultan Ahmed Bin Sulayem said, "The growth of our trade finance business underscores the UAE's role as a catalyst for global trade. By making capital more accessible, particularly in high-potential markets, we are shaping a trade system that is more inclusive and resilient.' Sinan Ozcan, Senior Executive Officer, DP World Trade Finance, stated, 'Cross-border trade is the engine of global economic growth, but access to affordable finance remains a critical barrier for many businesses, especially SMEs in emerging markets. Reaching this US$1 billion milestone reflects our commitment to changing that. Through DP World Trade Finance, we've created a network that connects businesses with capital, streamlines the financing process and enables trade to flow more consistently on a global scale.' The global trade finance gap, estimated at US$2.5 trillion, continues to limit opportunities for businesses in developing economies, particularly those without access to traditional financing due to limited credit histories, lack of collateral, or weaker balance sheets that classify them as high risk.
Emirates 24/7
6 hours ago
- Business
- Emirates 24/7
DP World mobilises $1 billion to boost trade flow
DP World Trade Finance has mobilised over US$1 billion in working capital for businesses across emerging markets, helping close the global trade finance gap and keep goods moving through some of the world's most challenging economic environments. This milestone was achieved through a combination of DP World's own lending operations and partnerships with more than 32 financial institutions globally, including J.P. Morgan, Standard Bank, NedBank and more. Their financing solutions, delivered alongside DP World's logistics capabilities, have helped reduce risk and improve access to capital for underserved businesses of all sizes, thus lowering barriers to international trade. By combining trade finance with logistics, DP World offers businesses both funding and real-time visibility into their supply chains. This integrated model helps lenders make faster, more informed decisions - unlocking capital where it's needed most. The portfolio that DP World Trade Finance handles has also proven to create a very healthy loan book with high-quality assets, way better than the industry benchmarks, further reinforcing the effectiveness of this data-driven, integrated approach. To date, DP World Trade Finance has enabled trade across Africa, the Americas, Asia, and Europe, supporting sectors including agriculture, metals, automotive, and engineering. Commenting on this achievement, Group Chairman and CEO of DP World Sultan Ahmed Bin Sulayem said, "The growth of our trade finance business underscores the UAE's role as a catalyst for global trade. By making capital more accessible, particularly in high-potential markets, we are shaping a trade system that is more inclusive and resilient.' Sinan Ozcan, Senior Executive Officer, DP World Trade Finance, stated, 'Cross-border trade is the engine of global economic growth, but access to affordable finance remains a critical barrier for many businesses, especially SMEs in emerging markets. Reaching this US$1 billion milestone reflects our commitment to changing that. Through DP World Trade Finance, we've created a network that connects businesses with capital, streamlines the financing process and enables trade to flow more consistently on a global scale.' The global trade finance gap, estimated at US$2.5 trillion, continues to limit opportunities for businesses in developing economies, particularly those without access to traditional financing due to limited credit histories, lack of collateral, or weaker balance sheets that classify them as high risk.
Zawya
10 hours ago
- Business
- Zawya
$1bln financed: DP World reshapes the global trade finance map
Dubai, UAE – DP World Trade Finance has mobilised over $1 billion in working capital for businesses across emerging markets, helping close the global trade finance gap and keep goods moving through some of the world's most challenging economic environments. This milestone was achieved through a combination of DP World's own lending operations and partnerships with more than 32 financial institutions globally- including J.P. Morgan, Standard Bank, NedBank and more. Their financing solutions, delivered alongside DP World's logistics capabilities, have helped reduce risk and improve access to capital for underserved businesses of all sizes, thus lowering barriers to international trade. By combining trade finance with logistics, DP World offers businesses both funding and real-time visibility into their supply chains. This integrated model helps lenders make faster, more informed decisions - unlocking capital where it's needed most. The portfolio that DP World Trade Finance handles has also proven to create an very healthy loan book with high quality assets, way better than the industry benchmarks, further reinforcing the effectiveness of this data-driven, integrated approach. To date, DP World Trade Finance has enabled trade across Africa, the Americas, Asia, and Europe, supporting sectors including agriculture, metals, automotive, and engineering. Commenting on this achievement, Group Chairman and CEO of DP World, Sultan Ahmed Bin Sulayem said:"The growth of our trade finance business underscores the UAE's role as a catalyst for global trade. By making capital more accessible, particularly in high-potential markets, we are shaping a trade system that is more inclusive and resilient.' Sinan Ozcan, Senior Executive Officer, DP World Trade Finance, said: 'Cross-border trade is the engine of global economic growth, but access to affordable finance remains a critical barrier for many businesses, especially SMEs in emerging markets. Reaching this $1 billion milestone reflects our commitment to changing that. Through DP World Trade Finance, we've created a network that connects businesses with capital, streamlines the financing process and enables trade to flow more consistently on a global scale.' The global trade finance gap, estimated at $2.5 trillion [1], continues to limit opportunities for businesses in developing economies, particularly those without access to traditional financing due to limited credit histories, lack of collateral, or weaker balance sheets that classify them as high risk. For media enquiries, please contact: Adal Mirza Group Vice President Hakam Kherallah Group Senior Manager Follow DP World on: X (Twitter): LinkedIn: About DP World Trade Finance DP World Trade Finance's purpose is to help businesses grow by providing them with access to the much-needed working capital for trade. We leverage DP World's global infrastructure and ecosystem to gain transparency, visibility, data and control over cargo, and mitigate the risks inherent to financing international trade. Our approach of embedding trade finance solutions within DP World's ecosystem enables us to provide trade finance to businesses, directly or in collaboration with our partner financial institutions, and enable seamless trade flow for everyone. Since its launch in July 2021, DP World Trade Finance has partnered with 32 financial institutions and has financed over US$1 Billion of trade. DP World Trade Finance (DP World Financial Services Limited) has obtained its lending license in June 2022 and is engaged in providing credit via structured short-term working capital solutions. DP World Trade Finance participates in risk with existing lenders on the platform to ensure that working capital requirements of clients are adequately met. The platform is operated by DP World Financial Services Limited, which arranges and provides credit for clients who are based in the UAE. DP World Services Limited arranges credit for clients outside the UAE. About DP World DP World is reshaping the future of global trade to improve lives everywhere. Operating across six continents with a team of over 100,000 employees, we combine global infrastructure and local expertise to deliver seamless supply chain solutions. From Ports and Terminals to Marine Services, Logistics and Technology, we leverage innovation to create better ways to trade, minimizing disruptions from the factory floor to the customer's door. WE MAKE TRADE FLOW
Al Bawaba
11 hours ago
- Business
- Al Bawaba
$1 Billion Financed: DP World Reshapes the Global Trade Finance Map
DP World Trade Finance has mobilised over $1 billion in working capital for businesses across emerging markets, helping close the global trade finance gap and keep goods moving through some of the world's most challenging economic milestone was achieved through a combination of DP World's own lending operations and partnerships with more than 32 financial institutions globally- including J.P. Morgan, Standard Bank, NedBank and more. Their financing solutions, delivered alongside DP World's logistics capabilities, have helped reduce risk and improve access to capital for underserved businesses of all sizes, thus lowering barriers to international combining trade finance with logistics, DP World offers businesses both funding and real-time visibility into their supply chains. This integrated model helps lenders make faster, more informed decisions - unlocking capital where it's needed most. The portfolio that DP World Trade Finance handles has also proven to create an very healthy loan book with high quality assets, way better than the industry benchmarks, further reinforcing the effectiveness of this data-driven, integrated date, DP World Trade Finance has enabled trade across Africa, the Americas, Asia, and Europe, supporting sectors including agriculture, metals, automotive, and on this achievement, Group Chairman and CEO of DP World, Sultan Ahmed Bin Sulayem said: "The growth of our trade finance business underscores the UAE's role as a catalyst for global trade. By making capital more accessible, particularly in high-potential markets, we are shaping a trade system that is more inclusive and resilient.'Sinan Ozcan, Senior Executive Officer, DP World Trade Finance, said: 'Cross-border trade is the engine of global economic growth, but access to affordable finance remains a critical barrier for many businesses, especially SMEs in emerging markets. Reaching this $1 billion milestone reflects our commitment to changing that. Through DP World Trade Finance, we've created a network that connects businesses with capital, streamlines the financing process and enables trade to flow more consistently on a global scale.' The global trade finance gap, estimated at $2.5 trillion , continues to limit opportunities for businesses in developing economies, particularly those without access to traditional financing due to limited credit histories, lack of collateral, or weaker balance sheets that classify them as high risk.
Zawya
2 days ago
- Business
- Zawya
Zvilo secures expanded credit facility of up to €75mln from Fasanara Capital to power MSME growth
Zvilo, a working capital lender committed to bridging the global trade finance gap, has today announced the expansion of its debt facility with long-standing capital partner Fasanara Capital - a London-based, owner-managed investment management company. The facility has been increased to up to €75 million, building on an initial commitment from Fasanara in October 2022. This new milestone reflects the deepening of the relationship between the two firms, with Zvilo having successfully drawn on the initial commitment to scale its regional presence and support clients across over 39 markets. The additional headroom within the facility will enable Zvilo to meet growing demand and accelerate its strategic expansion, particularly across Africa, Turkey, and the broader Middle East. Admir Imami, Chairman at Zvilo, commented: 'Fasanara has been an avid and early supporter of Zvilo. This expanded facility is a strong endorsement of our performance and vision to close the $2.5 trillion global trade finance gap. As we strengthen our presence in emerging markets, we are excited to continue scaling alongside a partner that shares our mission' According to Zvilo, the full €75 million facility positions Zvilo to expand its portfolio, enhance regional hubs, and support a growing base of MSME clients with fast, data-driven trade finance solutions. Peter Maila, CEO at Zvilo Africa, added: 'With support from Fasanara, Zvilo has already funded businesses across 39 markets. This facility expansion allows us to build further in Africa and beyond, driving meaningful economic impact through scalable access to capital. Fasanara's continued partnership is a strong endorsement of Zvilo's strategic leadership and bold vision in building a global trade finance platform. It also reflects confidence in the scale and sophistication of Zvilo's AI-driven technology, which is accelerating the efficient deployment of capital across the markets we serve' Francesco Filia, CEO at Fasanara Capital, commented: 'We back fintech platforms that are reshaping the SME lending landscape. Zvilo's use of technology, disciplined underwriting, and regional expertise align well with our vision for next-generation credit. We are proud to continue supporting their growth and impact.' The increased facility marks a significant milestone for Zvilo as it scales its presence and impact across emerging markets, empowering thousands of MSMEs with timely access to capital. About Fasanara Capital Fasanara Capital is an independent, owner-managed alternative asset management company authorised and regulated by the Financial Conduct Authority. Co-founded by Francesco Filia in 2011, Fasanara is based in London with alliance offices in Milan. With a focus on fintech private credit, Fasanara provides institutional investors access to high-conviction, capacity-constrained asset-based credit strategies that back the next generation of credit platforms globally. Fasanara's unorthodox portfolio construction and unconventional investment strategy is a response to today's transformational markets. About Zvilo Zvilo is trade finance lead working capital provider with focus in EU, Turkey, Africa and Middle East. Zvilo was established to offer working capital to underserved MSMEs and corporates in emerging markets aiding in local, regional, and global expansion. Zvilo aims to meet borrower needs, deliver impressive investor returns, and reduce the global trade finance gap through its trade finance solutions.
