Business Daily Media

The Times


.

Ping An Digital Bank Launches Purchase Order Financing Tailored for Cross-Border E-Commerce Businesses

Empowering SMEs to Expand Globally

HONG KONG SAR - Media OutReach Newswire - 4 September 2026 - Ping An Digital Bank (International) Limited ("Ping An Digital Bank") has launched Purchase Order Financing product that specifically designed for cross-border e-commerce businesses, becoming the first digital bank in Hong Kong to offer dedicated factoring financing solution to export cross-border e-commerce merchants.

Requiring no traditional collateral, eligible businesses can obtain financing of up to 95% of their accounts receivable based on eligible invoices, meeting their operational needs and enabling SMEs to take an important step toward global expansion.

Mr. Thomas Tung, Chief Business OfficerofPing An Digital Bank, said, "As the Hong Kong's first digital bank dedicated to SMEs, Ping An Digital Bank has always been committed to supporting businesses and driving transformation in the trade finance ecosystem through financial technology. By harnessing years of experience in exploring the potential of commercial data, and combining multidimensional data spanning trade and finance, we have redefined the credit assessment process to effectively resolve financing bottlenecks for businesses. The launch of Purchase Order Financing seamlessly integrates credit insurance with risk management, providing cross-border e-commerce merchants with more efficient and flexible liquidity support. Moving forward, we will continue to leverage our fintech prowess and synergistic financial services to help SMEs capture global cross-border trade opportunities, serving as a reliable backer for cross-border trading enterprises."

Ping An Digital Bank's Purchase Order Financing is designed specifically for cross-border e-commerce businesses operating on open-account payment term With just eligible invoices, businesses can apply for financing with a ratio of up to 95% of accounts receivable, up to USD 5 million and a repayment period of up to 120 days. To address the urgent cash flow needs of cross-border e-commerce businesses, the approval and drawdown process can be completed as fast as T+1 business day. Unlike traditional approaches that rely on financial statements and collateral, Ping An Digital Bank innovatively utilises real-time sales data from cross-border buyers to gain insights into clients' actual operational performance, thereby breaking through the cumbersome constraints of traditional credit assessment. The product architecture directly aligns with supply chain liquidity needs, empowering clients to deploy capital with flexibility and mitigate cash flow pressures with ease.

Looking ahead, Ping An Digital Bank will continue to deepen the application of data analytics and financial technology, driving product innovation to empower trade businesses to achieve digital transformation and business upgrades. The Bank remains dedicated to refining its one-stop digital financial ecosystem, spanning business account opening, foreign exchange transactions, cross-border settlement, and flexible credit facilities—delivering holistic support for enterprise operational challenges, facilitating global expansion, and acting as a dedicated and trusted partner for SMEs growing on the international stage.

Hashtag: #平安數字銀行 #PingAnDB #採購貿易融資 #PurchaseOrderFinancing

The issuer is solely responsible for the content of this announcement.

Ping An Digital Bank

Ping An Digital Bank (International) Limited ("Ping An Digital Bank," "PingAnDB") is a wholly-owned subsidiary of Lufax Holding Ltd ("Lufax") (SEHK: 6623; NYSE: LU) and a member of Ping An Insurance (Group) Company of China, Ltd. ("Ping An") (SEHK: 2318; SSE: 601318). Ping An Digital Bank was granted a banking licence by the Hong Kong Monetary Authority in May 2019 to offer retail banking and business banking services. Backed by Ping An's advanced technology, Ping An Digital Bank is elevating banking experience, serving customer in Hong Kong and the Greater Bay Area, establishing itself as Ping An Group's comprehensive financial platform in Hong Kong.

News from Asia

Verdant Rock Receives A (low) Financial Strength Rating from Morningstar DBRS, Adding a Second International Investment-Grade Assessment

Verdant Rock now holds Financial Strength Ratings from both Fitch Ratings and Morningstar DBRS, providing counterparties with dual-agency confirmation and reinforcing the security architecture behi...

Global Degrees, Closer to Home: SIM's Guide for Parents Choosing UK, Australian and US Qualifications in Singapore

SINGAPORE - Media OutReach Newswire - 12 October 2026 - An international university education no longer has to begin with a move to the United Kingdom, Australia or the United States...

Frasers House, a Luxury Collection Hotel, Singapore, Cements its Position as a Luxury Accommodation Within the City’s Historic Cultural Hub

SINGAPORE – Media OutReach Newswire – 12 October 2026 – Frasers House, a Luxury Collection Hotel, Singapore, today highlights its elevated positioning as a refined city retreat, blending modern r...

Japanese Bag Brand pionunnal Makes Its Overseas Debut at Takashimaya Singapore

Lightweight Nubi bags crafted in Japan, a Singapore-inspired new design and a limited gift with purchase arrive on Orchard Road from 13 to 31 October 2026. SINGAPORE – Media OutReach Newswire – ...

De Beers Group Advances Building Forever Goals with Significant Progress on Livelihoods, Nature, Climate and Provenance

LONDON, UK – Media OutReach Newswire – 12 October 2026 – De Beers Group today published its 2025 Sustainability Report, highlighting significant progress across its Building Forever sustainab...

ATOMS, Led by Travis Kalanick, Secures $1.7B to Power the Future of Food Delivery with ProKitchens in Europe

The robotics and industrial automation group closes one of the largest funding rounds of 2026, which strengthens the infrastructure behind ProKitchens across France, Spain, Italy, Portugal, Poland...

APAC Medical Cost Growth Projected to Slow to 9.7% in 2027, Aon Report

Medical cost growth is projected to slow for a second consecutive year, but continue to significantly outpace general inflation Cardiovascular disease, ENT/lung disorder and cance...

Creative Secondary School Celebrates 20 Years of Educational Excellence with Open Day 2026: "World of Possibilities"

HONG KONG SAR - Media OutReach Newswire - 12 October 2026 - Marking two decades of inspiring minds and shaping leaders, Creative Secondary School (CSS) invites prospective students, parents, and c...

Kellogg-HKUST EMBA Ranked No. 1 in the World in the Financial Times Executive MBA Ranking 2026

Top ranking reflects exceptional career outcomes, a world-leading alumni network and a truly global executive learning experienceHONG KONG SAR – Media OutReach Newswire – 12 October 2026 – The Kel...

10AFEST to Spotlight Asian Art-Tech & Cultural Innovations in Hong Kong This October

Marking the Indra and Harry Banga Gallery’s 10th anniversary, the three-day conference will bring together around 120 participants from 23 cities across 13 countries and regions.HONG KONG SAR - Me...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...