Crossflow - The Working Capital Marketplace

Crossflow - The Working Capital Marketplace

Crossflow is a technology-driven working capital marketplace, delivering innovative solutions in SCF using AI engine. The company envisions that its tech platform and AI can revolutionize working capital finance services, allowing global businesses and their suppliers to seamlessly connect with institutional funders and access global pools of working capital. This also benefits financial institutions, tapping into this largely underserved market to improve corporates' supply chains, reduce risks, and enable margin recovery.

The Crossflow platform is designed to be easy to implement and use for both the corporate buyer and their supplier, ensuring safety with four years of testing and certification with SOC 2, and enabling integration with any ERP solution, including bespoke platforms. The platform has already facilitated the release of $2.4bn in working capital to thousands of suppliers with affordable funding. It's available only to corporates with a credit rating of BB and above, generating at least $1 billion in turnover, and requires a minimum SCF program of $60 million payables outstanding at any time.

Crossflow collaborates with international banks, hedge funds, and family offices to provide access to sources of diversified funding. The company has received a £2.00M Series A investment from Kimera on 09 December 2021, and has been recognized as the No1 B2B Fintech in the Financial Times' list of 1,000 fastest-growing companies in Europe. Furthermore, it is a member of the London Stock Exchange ELITE Program.

Industries: Finance, Financial Services, Fintech, Marketplaces, Supply Chain Headquarters: United Kingdom Founded: 2013 Tags: #workingcapital #workingcapitalfinance #supplychain #supplychainfinance #ESG #treasury #tradefinance #cashflow #CFO #ERP #accountspayable #vendors #AP