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 is a London-based cross-border supply chain finance platform on a mission to bridge the $1.5T funding gap in trade finance, explicitly focusing on Emerging Markets.
Finverity is addressing this gap through a dual-offering of a white-label software solution empowering financial institutions and a digital marketplace connecting companies in need of working capital optimisation with institutional investors seeking access to an alternative asset class with limited correlation to markets and reliable yield.
Our technology makes implementing Supply Chain Finance facilities for mid-market economically viable for the first time, unlocking growth potential in the most under-served segment in the market.