This post is part of our live coverage of FinovateEurope 2015.
TradeRiver Finance showed its platform for global trade:
The TradeRiver platform provides a business-funding and transaction-execution solution, which completely changes the nature and operation of cross-border trade finance.
TradeRiver provides the online tool and the finance for trade buyers of goods and services to pay their global suppliers in cash and in local currency at any point in their supply chain using a facility much like an online credit card.
Presenters: COO Toby Lanyon and Business Development Executive Mike Mumford
Product launch: September 2011
Metrics: £2.8M equity, 6 employees, revenues £2.2M to date, £45M loans advanced, 130 registered users
Product distribution strategy: Direct to Business (B2B), licensed
HQ: London, United Kingdom
Founded: April 2010
Website: traderiverfinance.com
Twitter: @Trade_River