Finverity

About Finverity

Finverity offers a supply chain finance platform that enables mid-market companies to access working capital through various financing solutions, including invoice discounting and purchase order financing. The platform also provides banks and non-bank financial institutions with tools to digitize and streamline their supply chain finance operations, reducing credit approval times and enhancing transaction efficiency.

```xml <problem> Mid-market companies often struggle to access sufficient working capital due to inefficient and outdated supply chain finance processes. Traditional methods involve manual tasks, lengthy credit approval cycles, and limited access to diverse financing solutions. This can hinder growth and create operational bottlenecks for both businesses and financial institutions. </problem> <solution> Finverity offers a supply chain finance platform that connects mid-market companies with various financing solutions, including invoice discounting, purchase order financing, and distributor finance. The platform streamlines and digitizes supply chain finance operations for banks and non-bank financial institutions (NBFIs), reducing credit approval times and enhancing transaction efficiency. Finverity provides a single system for managing open account trade finance and SCF, enabling automation of manual tasks and the creation of custom products and processes. The platform offers distinct solutions tailored for corporates seeking working capital (Finverity Capital) and financial institutions deploying capital (FinverityOS). </solution> <features> - FinverityOS: A SaaS platform for banks and NBFIs to digitally transform their SCF operations. - Finverity Capital (corporate): Provides businesses with access to working capital through various financing solutions. - Finverity Capital (financier): Enables financial institutions to efficiently deploy capital into SCF and AR transactions. - Supports buyer-led financing options such as payables finance, dynamic discounting, and purchase order financing. - Offers seller-led financing options including invoice discounting, distributor finance, and factoring. - Automates manual, repetitive tasks involved in trade finance and SCF. - Allows for the building of custom products and processes within the platform. </features> <target_audience> Finverity targets mid-market companies seeking working capital and banks/NBFIs looking to digitize and scale their supply chain finance operations. </target_audience> ```

What does Finverity do?

Finverity offers a supply chain finance platform that enables mid-market companies to access working capital through various financing solutions, including invoice discounting and purchase order financing. The platform also provides banks and non-bank financial institutions with tools to digitize and streamline their supply chain finance operations, reducing credit approval times and enhancing transaction efficiency.

Where is Finverity located?

Finverity is based in London, United Kingdom.

When was Finverity founded?

Finverity was founded in 2017.

How much funding has Finverity raised?

Finverity has raised 8930000.

Location
London, United Kingdom
Founded
2017
Funding
8930000
Employees
33 employees
Major Investors
Acrobator Ventures | Acrobator.vc

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Finverity

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Executive Summary

Finverity offers a supply chain finance platform that enables mid-market companies to access working capital through various financing solutions, including invoice discounting and purchase order financing. The platform also provides banks and non-bank financial institutions with tools to digitize and streamline their supply chain finance operations, reducing credit approval times and enhancing transaction efficiency.

finverity.com2K+
cb
Crunchbase
Founded 2017London, United Kingdom

Funding

$

Estimated Funding

$5M+

Major Investors

Acrobator Ventures | Acrobator.vc

Team (30+)

No team information available.

Company Description

Problem

Mid-market companies often struggle to access sufficient working capital due to inefficient and outdated supply chain finance processes. Traditional methods involve manual tasks, lengthy credit approval cycles, and limited access to diverse financing solutions. This can hinder growth and create operational bottlenecks for both businesses and financial institutions.

Solution

Finverity offers a supply chain finance platform that connects mid-market companies with various financing solutions, including invoice discounting, purchase order financing, and distributor finance. The platform streamlines and digitizes supply chain finance operations for banks and non-bank financial institutions (NBFIs), reducing credit approval times and enhancing transaction efficiency. Finverity provides a single system for managing open account trade finance and SCF, enabling automation of manual tasks and the creation of custom products and processes. The platform offers distinct solutions tailored for corporates seeking working capital (Finverity Capital) and financial institutions deploying capital (FinverityOS).

Features

FinverityOS: A SaaS platform for banks and NBFIs to digitally transform their SCF operations.

Finverity Capital (corporate): Provides businesses with access to working capital through various financing solutions.

Finverity Capital (financier): Enables financial institutions to efficiently deploy capital into SCF and AR transactions.

Supports buyer-led financing options such as payables finance, dynamic discounting, and purchase order financing.

Offers seller-led financing options including invoice discounting, distributor finance, and factoring.

Automates manual, repetitive tasks involved in trade finance and SCF.

Allows for the building of custom products and processes within the platform.

Target Audience

Finverity targets mid-market companies seeking working capital and banks/NBFIs looking to digitize and scale their supply chain finance operations.

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