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Rising interest rates have negatively impacted asset growth

Rising interest rates have negatively impacted asset growth
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Supply Chain Finance Firm Demica Reports $20 Billion of Funding

Supply Chain Finance Firm Demica Reports $20 Billion of Funding
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Working Capital Fintech Demica Partners with Standard Chartered to Improve Access to Bank s Supplier Finance Program

Standard Chartered partners Demica, a Fintech focused on working capital solutions, to streamline access to the bank’s supplier finance program.

Industry Perspectives: Transforming working capital | Global Trade Review (GTR)

Fintech company Demica is one of the world’s largest providers of working capital solutions to banks and large corporates, through a broad range of supply chain finance products. In this Industry Perspective, Matt Wreford, the company’s CEO, discusses his outlook for the sector, new trends emerging in the wake of the Covid-19 pandemic, and the growing need for partnership between banks and fintechs.   GTR: Looking at the post-pandemic recovery landscape, what do you see in terms of working capital requirements? Where do the opportunities lie, and what are the challenges? Wreford: In terms of the working capital cycle, the first thing that’s going to happen is that companies are going to be purchasing more raw materials as economies grow. We expect to see a surge in payables, then inventory off the back of that, and then finally receivables, one after the other.

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