Debt collection

Facebook seems to be getting into debt collection

Facebook wants to help you get paid. At least that’s what the company has claimed in recent days, announcing a new program that essentially turns the social media giant into a debt collector. For a small fee, of course. Dubbed Facebook Invoice Fast Track, the program works by redeeming unpaid invoices from a business and […]

Debt collection

FLOW talks about – Achieving ethical debt collection through technology

With the spread of the Covid-19 pandemic, many industries around the world have been forced to move their business operations online. Many people have started to adapt a work-from-home lifestyle to further prevent the spread of the virus. This shift to a new potentially new standard of living has strongly affected economies around the world, […]

Debt securities

Non-convertible debt securities: SEBI demands stricter disclosures for high-value listed companies

Market regulator SEBI has raised the bar on disclosure and corporate governance standards for companies that only rely on listing their largest debt issues, bringing them to practically the same level as the compliances already stipulated for the listing of shares by companies. However, many experts still believe that the latest measures, while well-intentioned, may […]

Debt financing

Indianapolis-based myCOI Raises $ 5 Million in Debt Financing to Fuel Growth

Indianapolis-based myCOI LLC, a fast-growing insurance technology company, has secured $ 5 million in debt financing from Seattle, Washington-based SaaS Capital. Founded in 2009, myCOI uses both proprietary software and human expertise to help clients collect, review and track insurance certificates. MyCOI customers are companies that need to verify that their business partners (suppliers, contractors, […]

Debt securities

Sebi Notifies Rules for Entities with Listed Debt Securities

Capital markets regulator Sebi has published corporate governance rules for listed entities that have listed their debt securities. The move comes after Sebi merged the rules for issuing debt securities into one settlement last month. The regulator had merged the ILDS rules (issuance and listing of debt securities) and the NCRPS rules (redeemable non-convertible preferred […]

Debt securities

Sebi: Sebi notifies rules for entities with listed debt securities

New Delhi: Capital markets regulator Sebi has issued corporate governance rules for listed entities that have listed their debt securities. The move comes after Sebi merged the rules for issuing debt securities into one settlement last month. The regulator had merged the ILDS rules (issuance and listing of debt securities) and the NCRPS rules (redeemable […]

Debt financing

Xenikos obtains 40 million euros of convertible debt financing, Veloxis Pharmaceuticals joins as strategic investor

NIJMEGEN, the Netherlands, September 8, 2021 / PRNewswire / – Xenikos BV, a clinical-stage biopharmaceutical company currently developing a new therapy for the treatment of immune disorders, today announced the closing of € 40 million convertible debt consisting of two equal tranches of 20 million euros. Funding was led by Veloxis Pharmaceuticals, with participation from […]

Debt financing

Kenyan energy company Solarise Africa secures $ 5.9 million in debt financing for growth

Kenya-based energy leasing company Solarise Africa has secured 5 million euros (US $ 5.9 million) in debt financing from Swedish impact investing platform Trine to help it support its growth across the continent. Founded by Patrik Huber, Jan Albert Valk and Sakkie van Wijk, Solarize Africa is an energy rental company for solar and other […]