Finverity, the trade and supply chain finance digital ecosystem, announces the appointment of Lina Brooks as Head of Customer Success. The appointment comes as Finverity continues to invest in operational excellence on the back of its recently announced $5m equity fundraise and 15x revenue growth in 2022.
Finverity announces the appointment of Symmie Swil as Head of Operations. The appointment comes as Finverity continues to invest in operational excellence on the back of its recently announced $5m equity fundraise and 15x revenue growth in 2022.
Finverity, the digital ecosystem for trade and supply chain finance, today announces it has raised $5 million in a heavily oversubscribed equity funding round from new and current investors.
As part of his new role, Michel will develop relationships with new funders and investors and ensure that Finverity’s technology-enhanced solutions continue to make SCF ever more attractive and easily accessible to funders.
Finverity and Investec launch collaboration to channel onward lending to African SMEs
National Bank of Fujairah (NBF), one of the leading banks in the UAE trade finance landscape, today announced the launch of a partnership to grow supply chain finance (SCF) and account receivables (AR) finance volumes in the MENA region.
From a credit risk perspective, the lifecycle of a Supply Chain Finance (“SCF”) or Accounts Receivables (“AR”) deal can be broken down into a number of specific steps, namely deal review and approval, client onboarding, deal execution, ongoing credit monitoring, and closure.
Covid has wreaked havoc across the globe, disproportionately affecting certain geographies, industries and companies of different sizes. This has …
Most integration challenges arise when two systems seek to connect. At Finverity, we have spent considerable time and resources in addressing integration to ensure an efficient process with minimum friction.
The partnership will bring FIMBank into the wider trade finance ecosystem and enable co-funding opportunities, transaction cross referrals and more.
The ELP is an initiative whereby Finverity scouts and assesses local smaller banks and NBFIs in Africa who we believe have the potential to grow into industry leaders if equipped with the right tools.
By expanding its horizons and providing significant opportunities for banks and alternative leaders in the trade space, the UAE is making significant strides toward enhancing its status as a trade and financial hub.
What has held back the supply of supply chain financing for so long? The article explores how digitalisation is helping to address this problem.
Get the latest insights from the panel discussion at GTR Mena 2022 Dubai including views from Finverity, VISA, Rakbank, Standard Chartered, Veefin & Zand
Ahanna brings extensive experience in African investment deal flow, focusing on meeting the needs of Banks and NBFIs.
Up until now, investing in SCF was not a straightforward or seamless path for portfolio investors. Several factors have contributed to this.Find out why this is the case and how portfolio investors can tap into this asset class.
Finverity’s scalable Supply Chain Finance platform for underserved emerging markets attracts international venture capital investors.
Finverity solution provides real-time connectivity to 18 accounting packages via quick-integration API, allowing banks & funders to make informed credit decisions.
Speaking at GTR Mena 2021, Viacheslav Oganezov, co-founder and CEO of supply chain finance (SCF) platform Finverity, outlined how fintech can bring capital into this attractive asset class.
As of now, Finverity is the first SCF platform to seamlessly connect both institutional-level funders and fund/asset managers operating their allocations via segregated accounts.