The startup operates a distributed ledger technology platform that provides digital trade and payment services, enabling clients to manage credit, settlement, custodian, and counterparty risks effectively. Its configurable suite of trade and working capital solutions enhances transaction security and efficiency for businesses engaged in digital commerce.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses engaged in digital commerce face challenges in managing credit risk, settlement processes, custodian services, and counterparty risks, leading to inefficiencies and potential financial losses. Traditional trade and payment systems often lack the necessary security and transparency for modern digital transactions.
Solution
Marco Polo Network offers a distributed ledger technology platform designed to streamline digital trade and payment services, providing clients with enhanced control over credit, settlement, custodian, and counterparty risks. The platform's configurable suite of trade and working capital solutions improves transaction security and efficiency for businesses operating in the digital commerce space. By automating accounts payable and accounts receivable, integrating financing options, facilitating B2B payments, and providing ESG visibility, Marco Polo Network enables more efficient transactions across the entire supply chain.
Target Audience
The primary target audience includes businesses engaged in digital commerce seeking to optimize their trade and payment processes, manage risks effectively, and improve supply chain efficiency.
Features
- Open account automation (AP and AR automation)
- Integrated financing solutions for suppliers and buyers
- B2B payment processing capabilities
- ESG visibility tools for tracking environmental and social impact
- Distributed ledger technology for secure and transparent transactions
- Configurable trade and working capital solutions