Fintech PR
Invoice Factoring Market Size to Grow USD 4618.9 Billion by 2031 at a CAGR of 9.4% | Valuates Reports
BANGALORE, India, Oct. 8, 2024 /PRNewswire/ — Invoice Factoring Market is Segmented by Type (Recourse Factoring, Non-recourse Factoring), by Application (Domestic, International), by Enterprise Size (Large Enterprises, Small and Medium-sized Enterprises), by Provider (Banks, NBFCs), by Industry Vertical (Construction, Manufacturing, Healthcare, Transportation and Logistics, Energy and Utilities, IT and Telecom, Staffing)): Global Opportunity Analysis and Industry Forecast, 2022-2031.
The Global Invoice Factoring Market was valued at USD 1946.5 Billion in 2021, and is projected to reach USD 4618.9 Billion by 2031, growing at a CAGR of 9.4% from 2022 to 2031.
Get Free Sample: https://reports.valuates.com/request/sample/ALLI-Auto-2F913/Invoice_Factoring_Market
Major Factors Driving the Growth of Invoice Factoring Market:
The global invoice factoring market is experiencing robust growth, driven by the increasing need for businesses to maintain liquidity and manage cash flow efficiently. Factoring services offer a flexible alternative to traditional financing, helping companies address payment delays, manage credit risk, and maintain operational stability. With the rise of SMEs, expanding international trade, and greater awareness of alternative financing options, the invoice factoring market is expected to grow at a steady pace in the coming years.
View Full Report: https://reports.valuates.com/market-reports/ALLI-Auto-2F913/invoice-factoring
TRENDS INFLUENCING THE GROWTH OF THE INVOICE FACTORING MARKET:
Recourse factoring, which allows lenders to reclaim payments from businesses if customers fail to pay, is a popular solution for businesses looking to maintain cash flow stability. This form of factoring provides lower fees and interest rates compared to non-recourse options, making it more attractive to small and medium-sized enterprises (SMEs). The appeal of lower costs and minimal risk for the factoring company has led to an increase in demand for recourse factoring. As businesses look for affordable financing options, recourse factoring is driving growth in the overall invoice factoring market by offering a flexible, cost-effective solution for managing cash flow disruptions.
Non-recourse factoring, where the factor assumes the credit risk in case of customer default, is gaining traction among businesses looking for secure, risk-free financing solutions. By transferring the burden of customer insolvency to the factor, companies can protect themselves from bad debts. This form of factoring is especially appealing to businesses dealing with high-risk clients or operating in volatile markets. Non-recourse factoring is driving growth in the invoice factoring market by providing businesses with greater peace of mind and reducing the need for internal credit management. As companies seek to minimize risk exposure, demand for non-recourse factoring services continues to rise.
Domestic factoring, which involves transactions within the same country, is a significant growth driver in the invoice factoring market, particularly in markets with established supply chains and customer bases. This type of factoring is well-suited to businesses that operate solely within their home country and need reliable cash flow solutions. The rise in domestic trade activities, especially in emerging economies, has spurred demand for domestic factoring services. This growth is further fueled by the simplicity of managing domestic transactions compared to international ones. As businesses aim to streamline operations and reduce payment delays, domestic factoring is playing a pivotal role in driving the market forward.
Businesses of all sizes are increasingly looking for ways to manage cash flow effectively. Invoice factoring provides a reliable way to convert unpaid invoices into immediate cash, allowing businesses to maintain liquidity without waiting for customer payments. This has led to growing adoption of factoring services, particularly among SMEs that often face cash flow constraints. As more companies recognize the benefits of improved cash flow management, the demand for invoice factoring solutions is on the rise, driving the overall market’s growth.
The global rise of small and medium-sized enterprises (SMEs) in emerging markets has significantly contributed to the growth of the invoice factoring market. These businesses often lack the financial leverage and credit history to secure traditional bank loans, making factoring a more accessible option. The increasing presence of SMEs in sectors such as manufacturing, retail, and logistics has heightened the demand for factoring services. As these businesses seek financial stability and operational flexibility, factoring solutions are becoming an essential part of their financial strategies.
With the tightening of credit requirements and lengthy loan approval processes, businesses are shifting toward alternative financing options like invoice factoring. Unlike traditional loans, factoring does not require businesses to take on additional debt or provide collateral. This flexibility and ease of access have made factoring an attractive alternative, especially for companies that may not qualify for traditional lending. The growing preference for alternative financing solutions is propelling the invoice factoring market’s expansion.
In today’s volatile economic environment, businesses are placing a greater emphasis on maintaining liquidity. Invoice factoring offers an immediate solution to liquidity challenges, allowing businesses to cover operational expenses and investments without waiting for customer payments. This need for liquidity is especially pronounced in industries facing seasonal fluctuations or uncertain market conditions. As companies prioritize maintaining a steady cash flow, invoice factoring is emerging as a key financial tool, driving market growth.
Buy Now: https://reports.valuates.com/api/directpaytoken?rcode=ALLI-Auto-2F913&lic=single-user
INVOICE FACTORING MARKET SHARE:
The invoice factoring market varies significantly across regions, with Europe being the largest market due to the strong presence of factoring companies and widespread adoption by businesses. North America is also a major market, driven by increasing awareness of factoring services among SMEs. In contrast, the Asia-Pacific region is witnessing rapid growth as emerging economies like China and India experience an uptick in domestic and international trade activities. Latin America and the Middle East & Africa are smaller markets but show promising potential due to the rising number of SMEs and improving regulatory frameworks.
Key Companies:
- Lloyds
- Adobe
- American Express Company
- ICBC
- Intuit
- Lloyds Bank
- Porter Capital
- Sonovate
- Waddle
- Velotrade
- Barclays Bank UK PLC
Purchase Chapters: https://reports.valuates.com/request/chaptercost/ALLI-Auto-2F913/Invoice_Factoring_Market
SUBSCRIPTION
We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.
DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!
– The global Trade Finance Market was estimated to be worth USD 8014110 Million in 2023 and is forecast to a readjusted size of USD 11631260 Million by 2030 with a CAGR of 5.4% during the forecast period 2024-2030.
– The global Factoring Market was estimated to be worth USD 5421 Million in 2023 and is forecast to a readjusted size of USD 8389.1 Million by 2030 with a CAGR of 6.7% during the forecast period 2024-2030.
– Invoice Management System Market
– Receivables Supply Chain Finance Market
– Financial Close Software market was valued at USD 696 Million in 2023 and is anticipated to reach USD 1373.8 Million by 2030, witnessing a CAGR of 10.1% during the forecast period 2024-2030.
– Personal Finance Software Market
– The global Subscription and Billing Management market is projected to grow from USD 4454.8 Million in 2023 to USD 7430.1 Million by 2029, at a Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period.
– Payment Processing Solutions market is projected to grow from USD 94720 Million in 2024 to USD 124780 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 4.7% during the forecast period.
DISCOVER OUR VISION: VISIT ABOUT US!
Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.
To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.
YOUR FEEDBACK MATTERS: REACH OUT TO US!
Valuates Reports
[email protected]
For U.S. Toll-Free Call 1-(315)-215-3225
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Blog: https://valuatestrends.blogspot.com/
Pinterest: https://in.pinterest.com/valuatesreports/
Twitter: https://twitter.com/valuatesreports
Facebook: https://www.facebook.com/valuatesreports/
YouTube: https://www.youtube.com/@valuatesreports6753
https://www.facebook.com/valuateskorean
https://www.facebook.com/valuatesspanish
https://www.facebook.com/valuatesjapanese
https://valuatesreportspanish.blogspot.com/
https://valuateskorean.blogspot.com/
https://valuatesgerman.blogspot.com/
https://valuatesreportjapanese.blogspot.com/
Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/invoice-factoring-market-size-to-grow-usd-4618-9-billion-by-2031-at-a-cagr-of-9-4–valuates-reports-302270177.html
Fintech PR
Juniper Square to Acquire Forstone Luxembourg to Expand Global Fund Administration Footprint
SAN FRANCISCO, Oct. 16, 2024 /PRNewswire/ — Juniper Square, the leading provider of innovative fund software and administration solutions for the private markets, today announced a definitive agreement to acquire Forstone Luxembourg, a division of Forstone Group, to expand its global fund administration and fund services footprint. The transaction is subject to customary regulatory approvals.
Founded in 2021, Forstone Luxembourg provides fund administration, transfer agency, and other fund services in Luxembourg. The strategic acquisition of Forstone Luxembourg brings additional expertise and an established presence in the European market, which reinforces Juniper Square’s commitment to providing a global and comprehensive suite of services to its clients, enabling them to navigate the complexities of cross-border operations with greater ease and efficiency.
Alex Robinson, CEO and Co-founder of Juniper Square commented, “This acquisition stems from the approach we’ve taken since day one: working closely with our customers to deeply understand their needs and finding new, innovative ways to support them. Our global expansion efforts, which began earlier this year in India, are further strengthened with this acquisition. We’re thrilled to welcome the Forstone Luxembourg team to Juniper Square and bring their deep knowledge and expertise on the Luxembourg market to our clients.” Robinson added, “As we got to know Forstone Luxembourg, it became clear that they share our values, passion, and vision for transforming the private markets, and we’re excited to welcome them to the Juniper Square family.”
Arnaud Brive, Co-founder and Managing Partner of Forstone Luxembourg said, “Juniper Square is making a tremendous impact in the private markets, and their innovative approach sets them apart in the industry. We’re excited to join forces and are confident that together, we will achieve great things.”
Christine Egbert, General Manager for Fund Administration at Juniper Square, who will oversee integrating Forstone Luxembourg’s team, existing client base, and technology stack into the Juniper Square environment, commented, “I joined Juniper Square to help scale a world-class service organization that delivers a truly modern solution to its clients. With the acquisition of Forstone Luxembourg, we can now offer Luxembourg-based administration services to our customers, an important milestone for our company.”
The transition is subject to final regulatory approval, following which Forstone Luxembourg will operate as Juniper Square Luxembourg. The Forstone Group will continue to execute its strategy to service the Luxembourg market by leveraging its expertise in the private markets and real estate sector through core services such as traditional bookkeeping and consulting.
Juniper Square is the leading provider of innovative fund software and administration solutions for the private markets, helping GPs and LPs seamlessly connect and communicate across every stage of the investment lifecycle. From fundraising and onboarding to investor management and fund administration, Juniper Square empowers investment managers to accelerate fundraising, scale operations efficiently, and improve investor satisfaction. With over 2,000 GPs relying on its platform to manage more than 38,000 investment entities, 600,000 LP accounts, and $1 trillion in investor equity, Juniper Square continues to invest in cutting-edge technology. The firm’s focus on mastering data management and leveraging modern solutions delivers a compelling and seamless experience for both fund managers and their LPs. Learn more at https://www.junipersquare.com/.
Logo – https://mma.prnewswire.com/media/749157/Juniper_Square___Logo.jpg
Photo – https://mma.prnewswire.com/media/2531696/Forstone_HD.jpg
View original content:https://www.prnewswire.com/news-releases/juniper-square-to-acquire-forstone-luxembourg-to-expand-global-fund-administration-footprint-302277358.html
Fintech PR
CoinDesk bolsters information services offering with strategic acquisition of CCData and CryptoCompare
NEW YORK and LONDON, Oct. 16, 2024 /PRNewswire/ — CoinDesk, one of the most trusted media, events, indices, and data companies for the global crypto economy, today announced that it has acquired CCData, a U.K. FCA-regulated benchmark administrator and one of the leading providers of digital asset data and index solutions, including its trusted retail site, CryptoCompare, which serves over 300,000 active users. The acquisition significantly scales CoinDesk’s information services and data products, while offering enhanced cross-sell opportunities to CCData and CryptoCompare’s extensive number of institutional and retail clients.
For over a decade, CCData has been providing its institutional-grade data solutions, digital asset index suite, and award-winning research to government, institutional, and retail clients navigating the digital asset ecosystem. The acquisition of CCData’s robust data platform and retail platform CryptoCompare further strengthens CoinDesk’s data offerings, immediately increases subscription revenues, and complements the existing suite of solutions offered by CoinDesk Indices and CoinDesk Media.
“Over the past ten years, CCData has become one of the most respected and reliable data platforms for digital assets, earning the trust of numerous users seeking to understand and leverage their potential,” said Sara Stratoberdha, CoinDesk CEO. “We are thrilled to begin integrating CCData’s high-quality, robust, and trusted data platform and retail suite across CoinDesk’s existing products and services to unlock greater opportunities for our customers.”
“We are incredibly excited to join forces with CoinDesk as we embark on the next chapter of CCData’s journey,” said Charles Hayter, CEO and Co-Founder of CCData. “CoinDesk is an integral pillar of the digital asset sector, from its award-winning journalism to flourishing index business. I am deeply proud of what CCData and CryptoCompare have accomplished over the past decade, and with CoinDesk as our partner, I’m confident that we will continue to build a legacy that supports and empowers our clients and the broader crypto industry.”
CoinDesk business update
Since 2014, CoinDesk Indices has been at the forefront of the digital asset revolution, empowering investors globally with tens of billions of dollars in benchmarked assets. Flagships such as the CoinDesk Bitcoin Price Index (XBX) and the CoinDesk 20 Index set the industry standard for measuring, trading, and investing in digital assets. Since launching in January 2024, the CoinDesk 20 perpetual futures contract has attracted substantial institutional interest, driving a trading volume of over $8 billion.
CoinDesk Media provides news, analysis and real-time insights on digital assets and blockchain technology and holds large-scale conferences for industry professionals. CoinDesk Media’s products and services reached an estimated audience of 45.5 million people during the first half of 2024. The Consensus conference, one of the world’s largest and longest-running digital asset events, attracted over 15,000 registrations in 2024. Consensus Hong Kong and Consensus Toronto will take place on February 18-20 and May 14-16 in 2025, respectively.
Advisor
Morgan, Lewis & Bockius LLP served as legal advisor to CoinDesk on the transaction.
Media contacts
CoinDesk
CCData
About CCData
CCData is an FCA-regulated benchmark administrator and global leader in digital asset data, providing institutional-grade digital asset data and settlement indices. By aggregating and analyzing tick data from globally recognised exchanges and seamlessly integrating multiple datasets, CCData provides a comprehensive and granular overview of the market across trade, derivatives, order book, historical, social, and blockchain data.
To learn more about CCData, go to: www.ccdata.io.
About CoinDesk
CoinDesk is one of the most trusted media, events, indices, and data companies for the global crypto economy. CoinDesk Indices offers expertise in digital asset indices, data, and research to educate and empower investors. Since 2013, CoinDesk Media has led the story of the future of money and investing, illuminating the transformation in society and culture that comes with it. Our award-winning team of journalists delivers news and unparalleled insights that bring transparency, comprehension, and context. CoinDesk Events gathers the global crypto, blockchain, and Web3 communities at annual events such as Consensus, the world’s largest and longest-running crypto festival.
Logo – https://mma.prnewswire.com/media/1766903/CoinDesk1_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/coindesk-bolsters-information-services-offering-with-strategic-acquisition-of-ccdata-and-cryptocompare-302277699.html
Fintech PR
HGC Global Communications Launches Data Center Interconnect Clusters to Transform Connectivity Across Asia
HONG KONG, Oct. 16, 2024 /PRNewswire/ — HGC Global Communications Limited (HGC), a fully-fledged ICT service provider and network operator with extensive global coverage, is pleased to announce the launch of Data Center Interconnect (DCI) clusters in key mature and emerging data hubs across Asia. This strategic initiative aims to elevate exceptional in-country and inter-country connectivity, providing enterprise solutions specifically designed to meet the evolving demands of the globe digital landscape.
HGC as the Leading Operator in Establishing In-Country DCI Clusters Across Asia
HGC’s expertise in navigating the criteria shaping the digital transformation of emerging hubs in Southeast Asia has enabled the successful launch of DCI in key locations such as Malaysia, the Philippines and Thailand. Coupled with mature hubs in Hong Kong and Singapore, this initiative forms an extensive DCI infrastructure that connects major data centers across Asia. HGC fully manages well-established infrastructure and local expertise in each location within DCI cluster, ensuring low latency and a swift mean time to recovery (MTTR). With over 30 years of experience, the HGC team in Hong Kong headquarters will provide comprehensive support to regional operations while enhancing local services. The DCI clusters will be offered to our carriers partners, combining to their networks enhancing its strength and integration to their DCI infrastructure. By combining experienced headquarters support with local expertise, HGC is dedicated to further elevating and uplifting its service offerings.
Expanding Inter-Country Connectivity: HGC’s Unique Proposition in Regional DCI Clusters
Building on HGC’s In-Country DCI clusters, the company presents a unique proposition within the regional DCI landscape across Asia. This strategic advantage allows HGC to deliver diverse and flexible cross-country DCI services, facilitating seamless access for customers from Africa, Americas, Europe and the Middle East who are looking to enter the region.
With extensive experience in expanding international markets, HGC’s well-trained team excels at managing unexpected incidents. In such situations, HGC is equipped to provide alternative services for affected clients, utilizing its extensive global connections.
HGC’s Connectivity Solutions: Navigating the Digital Transformation
In response to increasing demand of AI and other emerging applications in the digital era, there is a heightened need for robust connectivity. Leveraging HGC’s strengths in both In-Country and inter-country presences, the company is ideally positioned to provide a variety of customized low-latency cross-border connectivity, ICT services, and cybersecurity solutions, all built on a robust regional DCI fabric. These connectivity services include Eyeball-as-a-Service, IP-related services, and AMS-IX – the internet exchange solution.
Ravindran Mahalingam, Senior Vice President, International Business of HGC said: “We are eager to showcase HGC’s DCI clusters which we believe will perfectly meet the digital transformation needs of enterprises. Our unique strengths in Asia, combined with our global reputation and network, position this solution to effectively address the challenges of shifting the emerging economies to modernize inclusively in the rapidly digitalising era.”
About HGC Global Communications Limited
HGC Global Communications Limited (HGC) is a leading Hong Kong and international telecom operator and ICT solution provider. The company owns an extensive network and infrastructure in Hong Kong and overseas and provides various kinds of services. HGC has 21 global offices and staff presence in 33 cities worldwide. It provides telecom infrastructure service to other operators and serves as a service provider to corporate and households. The company provides full-fledged telecom, data centre services, ICT solutions and broadband services for local, overseas, corporate, SME and mass markets. HGC owns and operates an extensive fibreoptic network, five cross-border telecom routes integrated into tier-one telecom operators in mainland China and connects with hundreds of world-class international telecom operators. The company is committed to further investing and enriching its current infrastructure and, in parallel, adding on top the latest technologies and developing its infrastructure services and solutions. In 2019, HGC Group completed the acquisition of Macroview Telecom Limited (Macroview), a leading digital technology solution and managed services provider. The addition of Macroview further accelerates HGC Group’s digital transformation path and positioning as a pioneering ICT and digital services leader. HGC is a portfolio company of I Squared Capital, an independent global infrastructure investment manager focusing on energy, utilities, transport, social infrastructure, digital infrastructure, and environmental infrastructure in North America, Europe, Latin America and Asia.
To learn more, please visit HGC’s website at: www.hgc.com.hk
View original content:https://www.prnewswire.co.uk/news-releases/hgc-global-communications-launches-data-center-interconnect-clusters-to-transform-connectivity-across-asia-302277733.html
-
Fintech PR7 days agoMindArk Accelerates Towards Achieving the World’s First AI-Generated Metaverse with Real Cash Economy
-
Fintech PR6 days agoSaudi Arabia to Host the Multilateral Industrial Policy Forum in October 2024
-
Fintech PR5 days agoBybit Doubles Down on Rewards for Late Entrants of WSOT 2024 With New 100,000 Prize Pool
-
Fintech PR5 days agoVantage Markets Adds Another Feather to its Cap: Wins Best Forex Affiliate Program at Global Brand Awards 2024
-
Fintech PR5 days agoRSM US and RSM UK pursue transatlantic merger to strengthen global client offering and deliver long-term growth
-
Fintech PR5 days agoBybit x Block Scholes Derivatives Report Uncovers BTC Call Option Boom Amidst Election Uncertainty
-
Fintech PR5 days agoOCI to Close Divestment of Controlling Stake in Fertiglobe
-
Fintech PR5 days agoBitget Launches Telegram App Centre, Featuring Over 600 TON Trending Mini-Apps