Mitigram is a digital platform for global trade financing that utilizes SWIFT connectivity, APIs, and artificial intelligence to provide real-time assessment of pricing, risks, and capacity from over 1,000 partner banks. The platform enables multinational corporations and financial institutions to efficiently manage trade financing processes, enhancing access to financing and improving execution across more than 100 countries.
Funding
$11M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Multinational corporations and financial institutions face challenges in efficiently managing global trade financing processes due to a lack of real-time visibility into pricing, risks, and capacity across a fragmented network of banks. Traditional methods often involve manual processes and limited access to a diverse range of financing options, hindering optimal execution and increasing costs.
Solution
Mitigram offers a digital platform that connects corporations and financial institutions, providing real-time assessment of pricing, risks, and capacity from a network of over 1,000 partner banks. The platform streamlines trade finance workflows by centralizing transaction management, automating data structuring from various document formats, and offering connectivity through SWIFT, EBICS, or secure email. By leveraging APIs and AI, Mitigram enhances access to financing, improves execution, and delivers data-driven insights, enabling users to optimize financing decisions and reduce costs. The platform facilitates multi-bank, multi-instrument, and multi-channel trade financing, providing complete visibility of the entire transaction portfolio and processes.
Target Audience
The primary target audience includes multinational corporations, commodity traders, and financial institutions involved in global trade finance operations.
Features
- Real-time risk assessment, capacity evaluation, and pricing discovery from partner banks
- Centralized transaction management with structured data from any document format
- Connectivity to banks via SWIFT, EBICS, and secure email
- AI-powered automation of trade finance data structuring
- Multi-bank RFQ (Request for Quotation) capabilities for export L/Cs
- Portfolio monitoring and optimization tools for the entire trade finance lifecycle
- Secure platform with ISO 27001 certification and SWIFT Trade Finance for Corporates certification