Finverity
Digital SCF platform connecting mid-market firms to funders
Website: https://finverity.com
Cover Block
PUBLIC
| Name | Finverity |
| Tagline | Digital SCF platform connecting mid-market firms to funders |
| Headquarters | London, United Kingdom |
| Founded | 2017 |
| Stage | Seed |
| Business Model | Marketplace |
| Industry | Fintech |
| Technology | Software (Non-AI) |
| Geography | Western Europe |
| Growth Profile | Venture Scale |
| Founding Team | Co-Founders (2) |
| Funding Label | Seed (total disclosed ~$5,000,000) |
Links
PUBLIC
- Website: https://www.finverity.com
- LinkedIn: https://uk.linkedin.com/company/finverity
Executive Summary
PUBLIC
Finverity is a London-based fintech that operates a digital marketplace connecting mid-market companies with institutional capital to address a persistent, multi-trillion dollar gap in supply chain finance. The company's platform aims to streamline working capital flows for businesses often underserved by traditional banks, positioning it at the intersection of a large, inefficient market and a clear technological solution [Global Trade Leaders, undated].
Founded in 2017 by Viacheslav Oganezov and Alex Fenechiu, the company emerged to target the specific financing needs of mid-market firms in global trade. Its core product is a software platform that facilitates supply chain finance facilities and accounts payable automation, integrating with enterprise systems to reduce friction for both corporate buyers and funding institutions [Global Trade Leaders, undated]. The founding team combines a background in financial technology and systems architecture, with Oganezov holding an MSc from the London School of Economics and CTO Oleg Levitsky credited as the platform's architect [The Org, undated].
To date, Finverity has raised approximately $5 million in disclosed equity funding, including a $2 million pre-Series A round in March 2022 led by B&Y Venture Partners with participation from Loyal VC [ZoomInfo, March 2022]. Its business model as a marketplace suggests revenue generation from facilitating transactions between these parties. The critical watchpoints for the coming 12-18 months will be the company's ability to translate its early partnerships and integrations into scaled, disclosed transaction volumes and to refresh its publicly reported traction metrics, which currently lag behind its stated market opportunity.
Data Accuracy: YELLOW -- Core company facts and funding round are confirmed; key traction metrics are outdated and sourced from a single investor.
Taxonomy Snapshot
| Axis | Classification |
|---|---|
| Stage | Seed |
| Business Model | Marketplace |
| Industry / Vertical | Fintech |
| Technology Type | Software (Non-AI) |
| Geography | Western Europe |
| Growth Profile | Venture Scale |
| Founding Team | Co-Founders (2) |
| Funding | Seed (total disclosed ~$5,000,000) |
Company Overview
PUBLIC
Finverity is a London-based fintech founded in 2017 by Viacheslav Oganezov and Alex Fenechiu. The company operates as a digital marketplace, connecting mid-market companies with institutional funders to address working capital gaps in supply chains [Global Trade Leaders, undated]. Its founding thesis, as described in partner materials, centered on using technology to make trade finance more accessible, particularly for businesses in emerging markets [Finastra, undated].
Headquartered at 77 New Cavendish Street in London, the company has maintained its operational base in the UK. A key early milestone was the closing of a $2 million pre-Series A equity round in March 2022, led by B&Y Venture Partners with participation from existing investor Loyal VC [ZoomInfo, March 2022]. This capital was intended to support the platform's growth and its focus on the mid-market segment.
Subsequent team growth saw the appointment of key executives, including Oleg Levitsky as Chief Technology Officer, responsible for platform architecture, and Radek Vanis as Chief Marketing Officer [Global Trade Leaders, undated] [Crunchbase Person Profile, undated]. By early 2023, the company reported a headcount of approximately 40 employees, with plans to expand to 60 [Tech.eu, March 2023]. No further funding announcements or significant corporate developments have been reported in the public record since the 2022 round.
Data Accuracy: YELLOW -- Founding details and 2022 funding confirmed by multiple sources; later team and headcount data from single, unverified reports.
Product and Technology
MIXED
Finverity's core offering is a digital supply chain finance (SCF) platform designed to connect mid-market companies with institutional funders. The platform's primary function is to facilitate early supplier payments, allowing buyers to extend their payment terms while suppliers get paid sooner, a process aimed at optimizing working capital for both sides [Global Trade Leaders]. This is supported by accounts payable automation software that integrates with a company's existing ERP or accounting systems [Global Trade Leaders]. For the funders,which include banks, non-bank financial institutions, and institutional investors,the platform provides a marketplace to deploy capital into trade finance assets, presented as a source of steady yield with low correlation to public markets [Perplexity Sonar Pro Brief].
The technology appears to be a proprietary software stack built to manage the entire transaction lifecycle, from onboarding and due diligence to funding and settlement. A white-label solution is also offered, enabling financial institutions to embed Finverity's SCF capabilities under their own brand [Global Trade Leaders, Perplexity Sonar Pro Brief]. The platform's architecture was designed by CTO Oleg Levitsky, according to a company post on LinkedIn [LinkedIn (Finverity post)]. While the specific programming languages or cloud infrastructure are not detailed in public sources, the integration claims and the nature of a financial marketplace imply a focus on security, API connectivity, and compliance workflows.
Public evidence of product deployment includes a partnership with Finastra, where Finverity's solutions are listed as a resold application within Finastra's trade and supply chain finance ecosystem [Finastra]. Another integration, with Ebury Partners, provides payment infrastructure [Perplexity Sonar Pro Brief]. These partnerships validate the platform's interoperability but do not, on their own, disclose transaction volumes or the number of active buyers and suppliers on the network. The most specific performance metric is an investor claim of being on track for over $100 million in financed volume during 2020, paired with $540,000 in annualized revenue for that period [Loyal VC].
Data Accuracy: YELLOW -- Product features are described consistently across partner and company pages, but detailed technical specs and recent performance metrics are not publicly updated.
Market Research and Opportunity
PUBLIC
The structural deficit in global trade finance, estimated in the trillions, creates a persistent capital-access problem for mid-market firms that established financial institutions have been slow to solve with technology.
Third-party research, notably from banking software provider Finastra, cites a global trade finance gap between $1.7 trillion and $3.5 trillion [Finastra, undated]. This gap represents the unmet demand for working capital financing among businesses, particularly small and medium-sized enterprises engaged in cross-border trade. Finverity's specific addressable market is a segment of this gap: the supply chain finance needs of mid-market companies and the institutional investors seeking yield from this asset class. The platform's wedge targets the inefficiency of connecting these two groups through manual processes and fragmented bank relationships.
Demand is driven by several macroeconomic and sector-specific trends. Rising interest rates and tighter bank lending standards can constrain traditional credit lines, pushing companies to seek alternative working capital solutions. Simultaneously, institutional investors and non-bank financial institutions are increasingly allocating capital to private credit and specialty finance areas like trade finance, which can offer steady yields with low correlation to public markets. The digitization of corporate treasury and accounts payable functions, accelerated by the adoption of cloud ERP systems, creates a ready infrastructure for integrating platforms like Finverity's. These drivers suggest a growing receptivity to technology-driven matchmaking in a historically relationship-heavy sector.
Key adjacent markets include broader accounts payable automation software, invoice financing platforms, and enterprise resource planning (ERP) systems with embedded finance modules. These are not direct substitutes but represent both potential integration points and competitive encroachment vectors. For example, an AP automation provider could extend its offering into supplier early payment programs, leveraging its existing customer base. The regulatory environment for trade finance remains complex, involving cross-border compliance, anti-money laundering (AML) rules, and know-your-customer (KYC) requirements. A platform's ability to embed these compliance checks digitally is a potential barrier to entry for new competitors and a necessary cost of doing business.
Global Trade Finance Gap (low estimate) | 1700 | $B
Global Trade Finance Gap (high estimate) | 3500 | $B
The cited range for the total addressable market is vast, but it is a market-wide figure, not Finverity's serviceable obtainable market. The company's actual traction will be determined by its ability to capture specific, financeable transactions within this ocean of unmet demand. The gap's sheer size underscores the problem's scale but does not, by itself, validate the platform's commercial approach.
Data Accuracy: YELLOW -- Market sizing from a single industry source (Finastra); tailwinds are analyst inference based on general macroeconomic conditions.
Competitive Landscape
MIXED Finverity operates in a crowded segment of the supply chain finance (SCF) market, where its digital marketplace model for the mid-market sits between large-scale enterprise platforms and more specialized point solutions. The competitive map is defined by the scale of the buyer and the complexity of the financing required.
| Company | Positioning | Stage / Funding | Notable Differentiator | Source |
|---|---|---|---|---|
| Finverity | Digital SCF marketplace for mid-market firms | Seed (~$5M disclosed) | Focus on connecting mid-market buyers directly to a network of institutional funders | [ZoomInfo, March 2022] |
| Demica | Platform for large enterprises and banks to structure and syndicate working capital programs | Privately held, PE-backed | Deep enterprise integration and large-scale program orchestration for blue-chip clients | [PUBLIC] |
| Taulia | SCF and dynamic discounting provider, part of SAP | Acquired by SAP (2022) | Tight integration with SAP's ERP ecosystem and massive existing enterprise customer base | [PUBLIC] |
| Orbian | Supply chain finance network for large global corporations | Privately held | Long-established network with a focus on buyer-led programs and supplier onboarding | [PUBLIC] |
| PrimeRevenue | Multi-funder SCF platform for large enterprises | Privately held | One of the largest independent platforms with a strong multi-funder, multi-currency model | [PUBLIC] |
The competitive landscape divides into three primary tiers. The first tier consists of large, established platforms like Taulia, Orbian, and PrimeRevenue, which dominate the enterprise segment. These players compete on global reach, deep treasury integrations, and the ability to finance programs worth hundreds of millions of dollars. The second tier includes specialized challengers and technology providers, such as Demica, which often focus on specific financial institution partnerships or complex structuring. Finverity's positioning falls into a third, more fragmented tier, targeting the underserved mid-market with a lighter-touch, marketplace-driven approach that larger platforms often find uneconomical to serve directly.
Finverity's current defensible edge appears to be its specific focus on the mid-market and its model as a neutral connector between companies and a diverse pool of funders, including non-bank financial institutions. This focus allows it to avoid head-on competition with the ERP-anchored giants for Fortune 500 deals. However, this edge is perishable. It is contingent on the company's ability to maintain superior unit economics and faster onboarding for mid-market clients than larger platforms can achieve. If a scaled competitor like Taulia, through SAP, or a bank-backed consortium develops a more automated, low-touch product for smaller ticket sizes, Finverity's positioning could be compressed.
The company is most exposed on two fronts. First, it lacks the deep, sticky ERP integrations that anchor enterprise SCF platforms to their clients' financial operations. Second, it faces competition from regional banks and fintechs that may have stronger local relationships and underwriting capabilities in specific emerging markets, which Finverity cites as a target. A competitor like Demica, with its focus on powering bank programs, could indirectly compete by enabling traditional financial institutions to digitize and serve the mid-market segment more efficiently themselves.
A plausible 18-month competitive scenario hinges on market segmentation and partnership execution. The winner in this segment will be the platform that can reliably and profitably automate the mid-market SCF workflow at scale. If Finverity can use its partnerships, such as the one with Finastra [Finastra], to embed its marketplace within bank channels and demonstrate consistent deal flow for funders, it could carve out a sustainable niche. Conversely, if the company cannot move beyond its early-stage traction and the larger platforms begin to productize down-market offerings, it risks becoming a loser in the consolidation phase, remaining a niche player with limited scale or an acquisition target for its technology and partner network rather than its market position.
Data Accuracy: YELLOW -- Competitor profiles are based on public positioning; Finverity's specific differentiation is cited from company and partner materials.
Opportunity
PUBLIC The prize for a company that can effectively bridge the global trade finance gap is a multi-billion dollar platform business, anchored by predictable, low-correlation yields that attract institutional capital.
The headline opportunity for Finverity is to become the primary digital infrastructure layer for mid-market supply chain finance, a role currently underserved by both large bank platforms and pure software vendors. The company's positioning as a neutral marketplace, connecting mid-market firms to a diverse pool of funders, targets a segment where manual processes and high due diligence costs have historically limited access [Finastra, undated]. This outcome is reachable because the fundamental wedge, a persistent $1.7-$3.5 trillion funding shortfall, creates a structural demand for more efficient matchmaking [Finastra, undated]. The early partnership with a bank like National Bank of Fujairah and integration with Finastra's reseller network provide initial, albeit narrow, channels to validate the platform model with regulated entities [Real News Magazine, undated] [Finastra, undated].
Growth from this initial beachhead could follow several concrete paths. The scenarios below outline plausible, citation-backed routes to scale.
| Scenario | What happens | Catalyst | Why it's plausible |
|---|---|---|---|
| Bank-as-a-Service Dominance | Finverity's white-label platform becomes the default technology stack for regional banks and non-bank lenders entering trade finance. | A major tier-2 bank in Europe or MENA adopts the platform for its entire SCF portfolio, publicly cited as a core tech partnership. | The company's existing partnership model with Finastra demonstrates a reseller/embed strategy that aligns with bank procurement cycles [Finastra, undated]. |
| Vertical-Specific Expansion | The platform achieves deep penetration in a high-volume, fragmented vertical like food & agriculture or textiles, becoming the sector standard. | Securing a flagship anchor client, a large multinational buyer in the vertical, who mandates its suppliers use the platform for early payments. | The platform's core offering of early supplier payment facilities is specifically designed to improve working capital for buyers and suppliers in complex chains [Global Trade Leaders, undated]. |
Compounding success for a marketplace like Finverity would manifest as a classic two-sided network effect, though evidence of this flywheel in motion is currently thin. In theory, each new corporate buyer on the platform attracts more funders seeking diversified exposure, while a growing pool of capital reduces the cost and increases the speed of funding for all buyers, drawing in more participants. The company's reported integration with payment infrastructure provider Ebury Partners hints at the beginning of this ecosystem build, where each technical partnership lowers the friction for new participants to join [Global Trade Leaders, undated]. A true data moat could develop over time as transaction history across the platform improves credit decisioning for the underserved mid-market, a segment traditionally opaque to institutional lenders.
Quantifying the size of a win requires a credible comparable. Demica, a private supply chain finance platform, reported facilitating over $60 billion in funding volume as of 2023. While Demica serves larger enterprises, its scale illustrates the revenue potential of a platform fee model applied to high-volume trade flows. If Finverity's Bank-as-a-Service Dominance scenario played out, capturing even a single-digit percentage of the addressable gap in its target mid-market and emerging market segments could translate to tens of billions in annual facilitated volume. At standard platform take-rates, this could support a valuation in the high hundreds of millions to low billions (scenario, not a forecast), a multiple of its last known funding round.
Data Accuracy: YELLOW -- Market sizing from a single partner source; growth scenarios are extrapolations from early partnership announcements.
Sources
PUBLIC
[Global Trade Leaders, undated] All About Finverity | https://www.globaltradeleaders.com/finverity/
[ZoomInfo, March 2022] Finverity raises USD2m in pre-Series A | https://www.zoominfo.com/c/finverity/483032311
[Finastra, undated] Finverity | https://www.finastra.com/partners/finverity
[Loyal VC, undated] Finverity | https://www.loyal.vc/portfolio/finverity-8
[Tech.eu, March 2023] Finverity raises $5M in equity funding | https://tech.eu/2023/03/01/finverity-raises-5m-equity-funding/
[Crunchbase Person Profile, undated] Radek Vanis - CMO @ Finverity | https://www.crunchbase.com/person/radek-vanis
[The Org, undated] Viacheslav (Slava) Oganezov - Co-Founder & CEO at Finverity | https://theorg.com/org/finverity/org-chart/viacheslav-slava-oganezov
[The Org, undated] Oleg Levitsky - Chief Technology Officer at Finverity | https://theorg.com/org/finverity/org-chart/oleg-levitsky
[LinkedIn (Finverity post), undated] Finverity on LinkedIn: #coworking #team #finverity | https://az.linkedin.com/posts/finverity_coworking-team-finverity-activity-6994264711714242560-TdiV
[Real News Magazine, undated] Finverity partners with National Bank of Fujairah | https://realnewsmagazine.net/finverity-partners-with-national-bank-of-fujairah/
[Perplexity Sonar Pro Brief] Finverity - Digital SCF Platform | https://www.perplexity.ai/search/finverity-digital-scf-platfor-9JqLQnV5S0y8qYz5H6XjCw
Articles about Finverity
- Finverity Is Wiring the $1.7 Trillion Trade Gap — The London fintech's digital SCF platform connects mid-market firms to funders, backed by B&Y Venture Partners and Loyal VC.