Finverity, a cross-border supply chain finance platform and Ebury, an FCA regulated FX payments provider, have partnered to provide a truly global supply chain finance solution.

The partnership will enable investors in developed markets to access supply chain finance deals in emerging markets that offer an attractive risk-adjusted yield without the downside of the FX exposure as they can manage their currency risk seamlessly through the Finverity platform. Finverity offers institutional investors a fully segregated and API-enabled payment infrastructure to facilitate the investments on the platform. This could well be the future of investment infrastructure as it offers a low-cost alternative to traditional structured finance infrastructure while providing the same level of security.

The partnership will also make it easier for buyers in emerging markets to launch their own supply chain finance programmes without having to worry about the robustness of their payment infrastructure or access to working capital. Buyers will have the ability to hedge alternative currency payments to international suppliers and earn interest on any extra cashflow through Finverity's dynamic discounting solution. Suppliers, on the other hand, will be able to access affordable working capital by selling their outstanding invoices in exchange for early payment in the currency of their choice, a win-all solution for all parties involved.

“We are excited to announce our partnership with Ebury that will enable us to roll out our solution to a wider global customer base at a time when it is needed the most, and financial incumbents are struggling to meet the demand,” comments Viacheslav Oganezov, Finverity’s CEO.

Ebury Partners UK Limited is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution. The FCA requires them to meet standards across three areas; Capital Adequacy, Client Protection and Robust Internal Risk Management. Client funds are held in segregated ring-fenced accounts, entirely separate from operating accounts, giving clients peace of mind. Over 49,000 clients have relied on Ebury, transacting over $23bn in global payments in the past 12 months. Santander has a c50.1 stake in Ebury Partners Limited, the parent company of Ebury Partners UK Limited.

About 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.

For the coverage of the story please see by Global Trade Review, TXF, CPI and The Paypers.