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.
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.
Ahanna brings extensive experience in African investment deal flow, focusing on meeting the needs of Banks and NBFIs.
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.
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.
Finverity expands senior team as it enters the growth phase. Brett Downes joins from Greensill Capital, where he was Chief Risk Officer (CRO). Transparency and real-time technology are fundamental in supply chain finance (SCF).
Alex joins Finverity as Head of Corporate Sales & Origination and brings over 35 years of trade and supply chain finance experience.
We are delighted to be endorsed by ADGM and the UAE Central Bank as the UAE is one of the leading trade finance and fintech hubs in developed emerging markets with strong growth potential.
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.