Ping An Digital Bank Expands Purchase Order Financing to Trade in Services
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On November 12, 2026, Fintech News Hong Kong reported that Ping An Digital Bank had expanded Purchase Order Financing from cross-border e-commerce trade in goods to cross-border trade in services. This expansion is aimed at applicants for trade-in-services financing. Each buyer can obtain financing of up to US$5 million without providing physical collateral. Applicants must submit eligible invoices and proof of service delivery. The financing term is up to 90 days, and funds can be disbursed as quickly as on the same business day.
AI-written from reports · updated 3 hours ago
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- Fintech News Hong KongPing An Digital Bank expands Purchase Order Financing to service trade
Ping An Digital Bank has expanded Purchase Order Financing from cross-border e-commerce merchandise trade to cross-border service trade, offering up to US$5 million in financing per buyer without requiring physical collateral. Applicants must submit eligible invoices and proof of service delivery. The financing term is up to 90 days, and funds can be disbursed as soon as the same business day.
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