Finverity
Finverity is a technology company.
Financial History
Finverity has raised $7.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has Finverity raised?
Finverity has raised $7.0M in total across 2 funding rounds.
Finverity is a technology company.
Finverity has raised $7.0M across 2 funding rounds.
Finverity has raised $7.0M in total across 2 funding rounds.
Finverity is a London-based fintech company founded in 2017 that builds a digital platform and SaaS solutions for supply chain finance (SCF) and receivables financing, targeting mid-market companies in emerging markets.[1][2][6] It serves buyers, suppliers, banks, non-bank financial institutions (NBFIs), and funders by automating origination, matching, risk management, and transaction servicing to bridge the $1.7 trillion global trade finance gap, enabling faster payments and efficient capital deployment.[1][4][5][7] The core products—FinverityOS (a white-label SaaS for digitizing SCF operations) and Finverity Capital (a marketplace connecting corporates with funders)—solve liquidity shortages for SMEs facing 30-90 day payment delays, while offering investors high-yield, low-risk opportunities in underserved markets.[1][3][6]
Finverity's growth momentum stems from its focus on non-recourse, automated global SCF, with integrations via APIs into ERPs for seamless data pulls, blockchain-enabled verification for risk reduction, and features like FX hedging and pooled accounts.[1][2] Recognized in lists like CIO Bulletin's 50 Fastest Growing Companies 2022, it has secured backing from five world-class VCs and powers expansions for clients like National Bank of Fujairah in seller-led financing.[5][6][7]
Finverity was co-founded in 2017 by Viacheslav (Slava) Oganezov and Alex Fenechiu, alumni of the London Founder Institute, who identified a critical mismatch: excess liquidity in developed markets like London sitting idle, contrasted with severe credit shortages hindering SME growth in emerging markets.[2][1] The idea emerged from Oganezov's insight into redeploying capital efficiently for better returns where needed most, addressing the challenges of long payment terms (30-90 days) that stall supplier operations without bank visits or negotiations.[2]
Early traction came from building a cross-border invoice trading platform with integrated FX, transparent buyer health indicators, and blockchain verification—complex features that overcame high setup costs for scalability.[2] As a portfolio company of the Founder Institute, Finverity evolved from bridging invoice payments to a full ecosystem offering technology, capital, and expertise, championing the $1.7tn trade finance gap.[2][7]
Finverity stands out in trade finance through automation, global reach, and ecosystem integration:
Finverity rides the fintech digitization wave in trade finance, where 80-90% of global trade depends on SCF yet faces a $1.7tn gap due to outdated processes, lack of transparency, and mid-market neglect.[3][4][7] Timing aligns with rising demand for open-account trade finance amid supply chain disruptions, emerging market growth, and investors' hunt for yield in a low-rate world—channeling developed-market capital to high-need areas via tech.[2][5]
Market forces like regulatory pushes for digital transformation, API proliferation, and blockchain adoption favor Finverity, enabling banks/NBFIs to cut costs, enhance client experiences, and tap recession-resilient assets.[1][3][6] It influences the ecosystem by democratizing access—empowering SMEs to thrive without growth barriers, fostering fairer capital allocation, and pushing SCF to the global agenda through expertise and VC-backed scale.[4][5][7]
Finverity is poised to capture more of the trade finance gap as AI-driven automation and real-time data analytics further streamline global SCF, with expansions into new emerging markets and deeper ERP integrations driving adoption.[1][2][6] Trends like tokenized assets, embedded finance, and sustainability-linked trade will shape its path, potentially amplifying influence through partnerships with more banks/NBFIs and diversified funding pools.[3][5]
Its evolution from invoice trading to a full digital ecosystem positions it to redefine mid-market liquidity, tying back to the core mission: making SCF work globally for underserved stakeholders.[7]
Finverity has raised $7.0M in total across 2 funding rounds.
Finverity's investors include Acrobator Ventures, BY Venture Partners, Outward VC.
Finverity has raised $7.0M across 2 funding rounds. Most recently, it raised $5.0M Seed in March 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2023 | $5.0M Seed | Acrobator Ventures, BY Venture Partners, Outward VC | |
| Feb 1, 2022 | $2.0M Seed | Acrobator Ventures, BY Venture Partners, Outward VC |