Finverity adds yet another prize to the collection, with its innovative cross border supply chain finance platform. The London based Fintech focused on offering end to end solutions for the Supply Chain Finance space was named TiE50 Winner in the prestigious TiE50 Awards Program.

TiE50 is a ten-year-old awards competition, a program of TiEcon, the world's largest conference for tech entrepreneurs with over 28 years of dedication in fostering entrepreneurship as a not-for-profit organization, attracts high potential startups that are bringing innovation from different parts of the world. TiEcon was listed as one of the 10 best conferences for ideas and entrepreneurship by Worth Magazine, along with TED and the World Economic Forum. Now celebrating its tenth year, TiE50 Awards provides a one-of-a-kind showcase for the world’s top technology and technology-enabled startups. TiE Silicon Valley's premier annual awards program is keenly contested by thousands of early- to mid-stage startups of all sizes representing a wide range of verticals.

TiE50 Awards recognised Finverity for its outstanding cross border supply chain finance platform that will unseal the growth potential in the emerging market for the first time.

The Finverity platform offers a low-cost alternative investment infrastructure compared to traditional structured finance while providing the same level of security. Finverity allows buyers from emerging markets to launch their own supply chain finance facilities while the suppliers receive access to short term working capital at affordable rates by selling their receivables.

Finverity

Finverity was founded in London in 2017, with the goal of helping to fix the global trade finance gap.

The Finverity digital ecosystem provides the technology, working capital and expertise to make trade and supply chain finance (SCF) actually work for businesses, banks and NBFIs. The digital ecosystem comprises of two complementary offerings:

Finverity Capital, tailored trade and SCF solutions, with two core products:

1. Finverity CapitalAccess empowers ambitious privately-owned businesses to seamlessly access working capital and reach their next level of growth.

2. Finverity CapitalInvest enables funding partners to deploy capital into quality trade assets securely, easily and at scale.

FinverityOS (SaaS), the end-to-end operating system designed to digitally transform trade and SCF operations, client experience and revenue generation capabilities at local and regional banks and NBFIs.

Finverity is growing: In 2022, it increased revenues by 15x, doubled its headcount and initiated expansion into three new international offices. Finverity is backed by 5 world-class VCs and serves clients in 11 countries across the Middle East, Africa and Central & Eastern Europe.