 C2FO has offered to waive system set-up fees associated with switching to its online platform to companies affected by the crisis at Greensill.
 Lex Greensill Corporate clients of troubled SCF lender Greensill are waiting to see if a proposed purchase of some of its operating business by New York-based private equity firm Apollo Global Management could offer them a lifeline.
 Taulia has completed a funding round of $60 million that values the fintech at $400m. The funding was led by the China-based Ping An Global Voyager Fund with J.P. Morgan, Prosperity7 Ventures and existing investors including Zouk Capital also taking part. Taulia has already announced a working partnership with JP Morgan to offer supplier finance solutions.
Six in ten small businesses (62%) have experienced late or frozen payments during the COVID-19 outbreak, according to a survey of 4,000 companies by the Federation of Small Businesses (FSB).
 Previse has become the latest SCF provider to be approved by the British Business Bank under the Coronavirus Business Interruption Loan Scheme (CBILS). The move comes after Greensill was approved under a similar scheme for larger businesses.
 Greensill Capital is to launch a push into Latin American supply chain finance markets by acquiring Colombia-based Omni Latam.
 Kyriba is partnering with IT services organisation Midis Group to deliver its services, including working capital and supply chain finance in emerging markets in the Middle East, Central Europe and Africa. In a statement, Kyriba said the deal would, ‘Enable the delivery of localized services and support in these regions.’
 Italian bank Unicredit and Taulia have announced a partnership to offer supplier finance solutions to larger corporates in Unicredit’s European territories. The Unicredit deal comes weeks after the California-based fintech announced an agreement with JP Morgan.‘
 Italian yacht maker Sanlorenzo has signed with Intesa Sanpaolo for a $50m supply chain finance programme. The company aims to use the reverse factoring scheme to support the regional SMEs that make up much of its mainly Italian supply chain.
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