Press or Announcements of GTRV
London/Singapore June 29th, 2021: GTR Ventures has agreed an equity investment in Fineon Exchange. GTR Ventures (GTRV) is the world’s leading trade finance and supply chain venture building and investment company, while Fineon Exchange is the global marketplace for trade finance
assets.
GTRV will work with Fineon Exchange by helping build its business globally and increase its connections within the international trade finance sphere. GTRV will leverage its access, network and marketing strength through its connection to Global Trade Review (GTR), the world’s leading news and events media company in the global trade, commodity, export and supply chain finance space.
Fineon Exchange connects businesses who have working capital finance needs, with a range of financial institutions seeking to insure and fund such assets. Its easy-to-use trading platform and associated reporting functions, democratises access to trade finance and enables counterparties to transact more efficiently. Powered by artificial intelligence, Fineon’s secure and API-driven platform presents businesses’ trade finance requests in an optimal manner and maximises potential matches with funding partners, thereby enabling them and their advisors to manage their working capital needs efficiently.
Funders are able to benefit from credit insurance to protect international trade payment facilities, general corporate loans and other financial assets against default. Fineon Exchange’s chief executive officer, Dominic Broom, says: “This is an exciting development for Fineon Exchange. We are delighted to be entering into this partnership with GTRV, and on the back of their introductions, look forward to supporting more exporters, brokers and financial institutions with our unique service.”
Peter Gubbins, director of GTRV in London, says: “Fineon is a welcome addition to the GTR Ventures family of trade-related investments. We recognise the solid and experienced team behind Fineon, plus a strong mission to solve the funding and insurance gaps facing many exporters. By tying in with GTRV, Fineon instantly accesses the global target audiences it needs to connect with.”
-END-
About Fineon Exchange
Fineon Exchange is the AI-powered global marketplace for trade finance assets. The platform helps businesses to increase their global sales, optimise their working capital and minimise risk, by validating their trade finance requirements and matching them with the most appropriate funders
and credit insurers to support their end-to-end financing needs.
The online marketplace simultaneously enables funders and insurers to access a range of high-quality assets in a secure and cost-effective manner. The platform’s market intelligence capabilities enable them to spot industry trends and enhance their trade finance portfolios. Fineon is
headquartered in Luxembourg with offices in Lebanon and the UK.
About GTR Ventures
Based out of Singapore and London, GTR Ventures is the world’s leading investment and venture building platform dedicated to trade and supply chain. In exclusive partnership with Global Trade Review (GTR), the world’s leader in global trade and trade finance intelligence, publishing, news and
events, GTR Ventures mobilises private capital for trade and trade finance, investing in and supporting the development of trade-focused fintech companies (tradetechs) while working with multiple stakeholders to integrate technology into trade. GTRV focuses on four main investment
areas: transaction banking (trade finance, treasury, & cash), trade insurance & risk management, SME finance & supply chain and physical trade.
Media Contacts
Sophia Sheppod
Fineon Exchange
https://fineon.net
sophiashepodd@gmail.com
Our press release is available in multiple languages (pdf):
Mandarin | Japanese | French | English
London/Singapore Mar 12, 2018: GTR Ventures, the world’s first investment and venture-building platform specialized in trade and supply chain, has announced its debut deals with five trade FinTech companies – Tradeteq, Trade Finance Market, Culum Capital, eFundSME and Incomlend. These deals are the first in a strong pipeline of transactions. GTR Ventures has taken equity positions in the five companies, collectively valuing them at around US$50 million.
The companies – four digital trade lenders and a platform for institutional investors to access global trade instruments – have facilitated over US$160 million of trade loan deals since their inception. Launched in September 2017, GTR Ventures will work with the companies and build their businesses including through global expansion, development of new products such as trade finance indices, and connection to a global marketplace for digital trade finance assets.
“We are excited to partner with GTR Ventures as Tradeteq continues to grow,” said Christoph Gugelmann, CEO of UK-headquartered Tradeteq. “This partnership will help us expand our reach to all players within the trade ecosystem and consolidate our European bases while expanding to markets in Asia, including Singapore, Hong Kong, Shanghai and Tokyo.”
Kelvin Tan, CIO of GTR Ventures said, “The global trade sector is transforming with digitization and data-driven infrastructure connecting diverse players across the physical and financial aspects of trade. The founders behind Tradeteq, Trade Finance Market, Culum Capital, eFundSME and Incomlend, are driving that change by using technology and data analytics to mitigate risks, make lending more efficient and close the trade finance gap. Our vision is to work with these companies and build strategic first-mover stakes in the future of trade.”
Rupert Sayer, CEO of GTR Ventures, said, “The rapidly changing landscape of trade presents exciting opportunities for investors. As our debut deals show, GTR Ventures is uniquely positioned to identify exceptional investments and, through partnerships and alliances, build a global network that will shape the future of both trade and trade finance.”
GTR Ventures is working on a strong pipeline of additional investments and expects to close five more deals and global partnerships in the next quarter.
Trade finance, which supports annual global trade of US$16 trillion, is an emerging niche investment area. However, some 30% of global trade, or US$5 trillion, is under-financed. This trade finance gap presents a growing opportunity for debt and equity investors. While returns from trade have traditionally come from providers of debt capital, the emergence of tradetechs presents a new opportunity for private equity and other investors looking to diversify.
Click here to visit our portfolio.
About GTR Ventures (Contact: info@gtrventures.vc, website: www.gtrventures.vc)
Based out of London, Singapore, and Hong Kong, GTR Ventures is the world’s first investment platform dedicated to trade and supply chain. In exclusive partnership with Global Trade Review (GTR), the world’s leader in global trade and trade finance intelligence, publishing, news and events, GTR Ventures mobilizes private capital for trade and trade finance, investing in and supporting the development of trade-focused fintech companies (tradetechs) while working with multiple stakeholders to integrate technology into trade. GTR Ventures focuses on four main investment areas: transaction banking (trade finance, treasury, & cash), trade insurance & risk management, SME finance & supply chain and physical trade.
About Culum Capital (contact: enquiry@culumcapital.com, website: www.culumcapital.com)
Culum Capital is a Singapore-headquartered fintech which provides companies with working capital funding using trade finance solutions particularly in receivables purchase and supply chain finance. It is also an investment platform for investors seeking alternative investment opportunities. The company has a proprietary risk assessment and management system to ensure the quality of deals flowing through its platform.
About eFundSME (contact: enquiry@efundsme.com , website: www.efundsme.com)
eFundSME Global Pte Ltd is an e-marketplace for invoice trading, founded, owned and managed by industry veterans from Singapore. Its key management team comprises professionals from the banking industry with aggregate experience exceeding 100 years. The company leverages the power of online technology to transform trade finance for the mutual benefit of SME sellers and investor buyers.
About Incomlend (contact: info@incomlend.com, website: www.incomlend.com)
Operating in Hong Kong and Singapore, Incomlend is a global invoice exchange where companies from different countries can fund their export receivables by selling them to private investors at a discount. The platform trades in multiple currencies (USD, EUR, SGD, and HKD) and offers an integrated digital receivables discounting solution to both suppliers and buyers across its global supply chain, dynamic discounting and factoring products. Investors’ capital is protected against debtors’ credit risk by world leading credit insurers.
About Tradeteq (contact: Nils Behling – nbehling@tradeteq.com, website: www.tradeteq.com)
UK-headquartered Tradeteq provides the collaborative network for trade finance investors and originators, to connect, interact, and transact. Tradeteq delivers AI-powered credit analytics, reporting, investment and operational solutions. Tradeteq transforms trade finance assets into transparent and scalable investments.
About Trade Finance Market (contact: media@tradefinancemarket.com, website: www.tradefinancemarket.com)
Singapore-based Trade Finance Market (TFM) is a fintech leader in providing alternative trade finance solutions for small and medium enterprises. TFM also develops blockchain-based tools to derisk and lower the cost of trade finance transactions – including InvoiceCheck, a tool designed to reduce invoice finance fraud.
-Ends-
Our debut deals will be announced at 4 PM GMT +8 on the 12th of March 2018.
Watch this space!
Rupert Sayer, co-founder and chief executive officer of GTR and GTR Ventures
Singapore, September 5th, 2017 – The world’s leading trade finance-focused media and events firm Global Trade Review (GTR) has launched its investment arm, GTR Ventures (GTRV), during its annual GTR Asia Trade & Treasury Week in Singapore ─ the world’s largest gathering of global trade finance decision makers.
GTR Ventures is the world’s first investment firm solely supporting and innovating alongside banks, insurers, corporates, and tradetechs specifically for trade and trade finance. The firm’s mandate includes mobilising greater private capital into trade and small-and-medium enterprise (SME) lending, particularly in emerging markets.
GTRV will offer multiple stakeholders ranging from tradetech entrepreneurs, investors, private companies, banks and governments the unique opportunity to collaboratively test and benefit from integrating cutting-edge financial technology into trade activities. GTRV will not only stimulate public interest in an evolving asset class, it will also serve as a platform to bring together the required expertise to channel more private capital into trade finance.
GTRV will focus on four main investment areas:
Once validated by GTRV’s committees comprising domain specific specialists, tradetechs in these four main investment areas coming through the GTRV platform will have unrivalled access to the markets and target clients that they are looking to connect with and expand. They will engage with the world’s most powerful trade finance community and with accredited investors looking for access to promising and solid trade-related assets. Tradetechs benefit from increased profiling, marketing, advice and support, through GTR’s proven and trusted networks.
GTRV will be managed by Rupert Sayer (co-founder and chief executive officer), Kelvin Tan (co-founder and chief investment officer), both in Singapore, and Peter Gubbins (co-founder and executive director) in London. In addition, GTRV will enjoy the guidance of a close advisory board comprising highly prominent global trade, insurance and investment leaders who know and understand trade and trade finance. GTRV will also be supported by a technology panel and a series of investment committees pertaining to each identified trade finance sub-sector.
Tan was until recently deputy director, trade finance & capital markets development at the Monetary Authority of Singapore (MAS) and before that senior investment officer at the World Bank’s International Finance Corporation (IFC). He also was deputy director, emerging markets at Singapore’s Ministry of Trade and Industry.
Sayer has an editorial and political research background, having been an editor at Euromoney Institutional Investor and Ark Publishing before co-founding GTR. Gubbins headed sales and marketing at various Euromoney and Ark titles.
Rupert Sayer, co-founder and chief executive officer of GTR Ventures says: “We spent 15 years building the GTR media brand into a trusted source of knowledge, networks and trends for the global trade community. There is arguably no trade banker out there who has not read GTR or who has not attended our many conferences, be it in Singapore, Shanghai, Dubai, London, Mumbai, Jakarta, Cape Town, Mexico, or Chicago. Our vision for GTRV is to leverage this powerful community and accelerate innovation in the global trade and trade finance sectors. Starting out from our bases in London and Singapore, both fintech capitals of the world, GTRV will be a pivot point in the world of investments into trade.”
Kelvin Tan, co-founder and chief investment officer of GTR Ventures, says: “Global trade is an annual, evergreen US$16 trillion sector. Regardless of economic cycles, global trade is here to stay. Yet its merits as an alternative investible asset class is not so widely known. With the huge global GTR community, we are here to change this, and champion trade finance as an asset class. Our initiatives to champion trade finance will enable both private and institutional investors to diversify their portfolios into a stable financial product with relatively low default rates. While the returns from trade have traditionally come from providers of debt capital, the emergence of fintechs for trade – tradetechs – should equally begin attracting private equity into this sector.”
Peter Gubbins, co-founder and executive director of GTR Ventures, says: “GTRV can nurture and accelerate entrepreneurial tradetechs which require considerable capital or experienced mentorship to bring exciting innovations to fruition in the market. With our bases in Singapore and London, two leading financial centres, GTRV will make a significant impact on the global trade ecosystem.”
Global Trade Review (GTR), established in 2002 by Rupert Sayer and Peter Gubbins, is the world’s leading news source, publisher and event organiser for the global trade, commodity, export and supply chain finance industries. With offices in Singapore, London and Hong Kong, GTR provides benchmark coverage and in-depth information into the latest developments in emerging markets trade finance. GTR events are the trade finance industry’s biggest and most respected around the world, with the leading industry players, governments, multilaterals and NGOs as supporters and sponsors. Events number over 20 in six continents. GTR is part of Exporta Publishing & Events.
For access to regular updates about GTR Ventures and our latest activities, please visit and follow our LinkedIn and our YouTube pages