Fishtail

Fishtail is a startup that has recently garnered attention with its slogan of "Trade finance for the rest of us." The company provides a platform that empowers freight forwarders to finance the movement and procurement of goods for small and medium businesses (SMBs) around the world. They achieve this by arranging extended payment terms through the financing of freight or by financing the goods themselves. Fishtail specializes in financing Purchase Orders for small businesses in emerging markets, aiming to solve the $2tn working capital gap in trade finance. Founded in 2021 and headquartered in the United States, Fishtail operates within the industries of Financial Services, Fintech, and Logistics. The company recently secured a significant milestone with a $4.50M Seed Round investment on 22 March 2022. This investment was led by backers including Rackhouse Ventures, Thursday Ventures, Amara Ventures, Beat Ventures, Jason Duboe, and Jett McCandless. Fishtail's innovative approach to solving the working capital gap in trade finance makes it a compelling investment opportunity in the evolving financial technology landscape. The company's focus on empowering SMBs in emerging markets and providing essential financial services in the logistics sector positions it well for growth and impact in the coming years.