Fintech | Africa
Open Account Trade Finance & SCF that works
What they do:
Finverity provides mission-critical supply chain finance infrastructure that powers trade finance for banks across Africa and emerging markets. Its flagship product, Finverity OS, is a white-label platform that enables banks to digitize and automate complex working capital products from factoring and reverse factoring to distributor finance through a single, modular system.
By reducing supplier onboarding times from three months to 30 days and automating reconciliation and validation through AI, Finverity helps banks unlock access to liquidity for SMEs, bridging a global $2.5 trillion trade finance gap. The company’s infrastructure supports over 17 product types, integrates seamlessly with core banking systems.
Why we Invested:
Across Africa, banks continue to rely on outdated, manual processes that limit their ability to provide financing to SMEs — the very businesses driving economic growth and job creation. This has contributed to a persistent trade finance gap that constrains intra-African trade and limits participation in global value chains.
Finverity’s platform transforms this landscape by equipping regional and mid-tier banks with the digital infrastructure needed to manage and scale supply chain finance programs efficiently. By automating onboarding, reconciliation, and risk management, the company enables banks to extend financing to previously underserved businesses, enhancing liquidity and fostering inclusion across the supply chain.
The Founder:
Viacheslav (Slava) founded the company with the mission to help resolve the $2.5 trillion global trade finance funding gap and enable better accessibility of working capital for businesses globally through digitising and disrupting the trade finance industry
● Previously, he was a strategy consultant with PwC, advising banks on digital strategies and innovation
● He holds a Masters in Management of Information Systems and Digital Innovation from the London School of Economics
● He credits his positive attitude, clarity of vision, and power of intention to his conscious lifestyle that includes meditation, frequent exercise and plant-based diet.
Alex Fenechiu is focused on growth strategy, new client acquisition, product roadmap and strategic partnerships at the company. Formerly of JP Morgan & BNP Paribas, he was recently named in Forbes’ 30 under 30 list.
Active in:
Africa
