The startup offers a fintech platform that provides supply chain finance solutions for SMEs, covering the entire production cycle from purchase order to invoice payment. By utilizing supply chain analytics to assess supplier performance, the platform reduces financing costs and enhances supply reliability, promoting sustainable and socially responsible supply chains.
Funding
$76.9M 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.
BSFounders
Product
Problem
Small and medium-sized enterprise (SME) suppliers in developing markets often lack access to affordable working capital, hindering their ability to fulfill large purchase orders from global corporations. Traditional trade finance solutions often rely on assessing creditworthiness based on balance sheets, which disadvantages SMEs with limited financial resources. This lack of access to funding restricts SMEs' growth potential and limits their participation in global trade.
Solution
Twinco Capital provides a supply chain finance platform that enables large corporations to offer their suppliers access to affordable funding, from purchase order to final invoice payment. The platform integrates with large corporate buyers to access supply chain data and assesses supplier performance using proprietary supply chain analytics and machine learning-based risk models, rather than relying solely on traditional financial metrics. By evaluating supplier performance data, Twinco can provide funding at the purchase order stage, enabling suppliers to secure raw materials and production capacity to fulfill larger orders. This approach reduces financing costs and risks for both buyers and suppliers, fostering competitive and socially responsible supply chains.
Target Audience
The primary target audience includes large corporations, particularly in the retail and apparel sectors, seeking to optimize their supply chains and provide affordable financing options to their SME suppliers in emerging markets.
Features
- Purchase order financing, providing up to 60% of the order value upfront
- Supply chain analytics to assess supplier performance and creditworthiness
- Machine learning-based risk models that leverage supplier performance data
- Digital platform for quick decision-making and fast deployment of funds
- ESG data collection and analysis to promote responsible sourcing practices
- Integration with large corporate buyers for seamless data sharing and supplier onboarding
- Supply chain transparency for retailers through data-driven insights into supplier performance