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We want to transform the way working capital is financed today

Demica has been a market leading provider of Working Capital Solutions to large corporates and financial institutions for over 20 years.
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WHAT WE DO

We are one of the largest independent global providers of working capital solutions helping companies grow by unlocking cash trapped in working capital using our receivables, payables and inventory finance solutions. Our multi funder platform enables funders to connect with corporates to deploy a wide range of working capital solutions. We also license our platform to banks and financial institutions predominantly on a Software as a Service (SaaS) basis and work closely with our corporate and banking clients to support product development.

Our end customers are typically large corporates with revenues over $250m and the trade finance teams within the world’s largest commercial banks. With over $4 trillion of working capital assets outstanding globally and less than 20% financed through working capital solutions, our objective is to “unlock” trapped cash enabling it to be redeployed elsewhere. This is achieved through a combination of financial advisory and technology services that enable us to take a transaction from the early stage evaluation phase through to placement, implementation and support.

OUR HISTORY

In 2001 we began our corporate life writing software to deliver treasury management solutions to large transaction banks. Central to our philosophy has been that all financial transactions can be broken down into a series of cash flows, workflows and financial entries to facilitate maximum flexibility. Over time, we have focused our products on trade finance with a long standing and proven reputation for delivering Trade Receivables Securitisation and Supply Chain Finance and now growing rapidly into other forms of trade receivables finance. We are particularly proud of our relationships with over 20 of the world’s largest trade banks for whom we provide both white label and transactional services.

In 2014 we were acquired by three new investors: JRJ Group, TOMS Capital and 76 West Holdings who financed a management buyout of Demica, led by incoming CEO Matt Wreford. Assets under Administration were $3bn at the time and have since grown at a CAGR of over 40% to current levels of circa $15bn. In 2018, we raised a second round of funding of $25m from the IFC (International Finance Company), Wyelands Capital, part of the GFG Alliance, and existing shareholders.

Our team has grown to over 160 individuals split between technology, sales, marketing and operations with staff located in the UK, Europe and most recently in the US where we have opened an office in New York City.

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Our Rapid Growth

Assets under Administration have grown rapidly over recent years and are split equally between Supply Chain Finance and Trade Receivables Finance programmes.

40% CAGR*

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  • $3.4BN
    2014
  • $5.0BN
    2015
  • $7.3BN
    2016
  • $8.9BN
    2017
  • $11.7BN
    2018

Our Team

Our team is a blend of financial experts and technology and operation professionals coming from a variety of backgrounds representing 25 different language capabilities.

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