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Demica
Supply chain finance platform
- 201-500 employees
- Fintech
- B2B
- Supply Chain
- Financial Services
- SaaS
- City of London, London, UK
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Company mission
To transform the market with a platform that enables banks to easily and efficiently transact, using any trade finance product, anywhere in the world.
Some candidates hear
back within 2 weeks
17% employee growth in 12 months
Our take
Supply chain finance is an often overlooked but crucial part of global trade. Simply put, it provides liquidity and cash to ensure that buyers receive their goods and sellers get paid.
At the heart of this industry is Demica, whose platform is used by some of the world’s leading financial institutions to automate and scale their working capital products. Today, the company’s customers include HSBC, Standard Chartered, Mastercard, and Lloyds Bank.
Demica’s journey so far has been fascinating, founded in the 1990s and spending its early years offering boutique intermediary services between banks. Since 2014 though, the company has skyrocketed, going from around a dozen employees to hundreds across the world.
2014 was the same year it hired Matt Wreford as CEO, and added Supply Chain Finance bank functionality to its tech platform, which has been the key to its growth. This growth has remained constant and looks set to continue in the near future too, as the trade and supply chain finance niche undergoes a steady digital transformation.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- 4% matched pension
- Bonus system
- Life assurance
- Private medical insurance
- Income protection
- 25 days holiday plus public holidays
- Bike to Work
- Transport Season Ticket Loan
- Employee Assistance Programme
- LinkedIn Learning: Access to thousand of courses
- Family Friendly Policies
Funding (2 rounds)
Jan 2020
$30m
SERIES C
Mar 2018
$25m
SERIES B
Total funding: $55m
Leadership
Matt Wreford
(CEO, not founder)Joined Demica as CEO in 2014 to lead its expansion from 12 to almost 200 people. Was previously CEO of financial services conglomerate IPGL, and boutique investment bank Exotix Limited.
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Endorsements
All
Challenging work (1)
Opportunities to learn (1)
People of all backgrounds are welcomed (1)
I enjoy bringing finance transactions to life by implementing them in the platform. This gives me the opportunity to be in challenging situations where I need to find a creative solution. For instance, there might be a particular transaction requirement that the team has not yet experienced and we need to work together to design the optimal workaround to achieve the expected outcome.
Operations & Strategy
Challenging work
Aug 2022
There are many projects going around in Demica you can take part and in each project, you learn something new. Demica has also many learning initiatives to move people around teams and sponsor training. Access to Linkedin Learning has been a phenomenal tool for my personal/professional development!
Operations & Strategy
Opportunities to learn
Aug 2022
Demica is composed of many minorities across countries, religions and beliefs. The only common thing is that we are all different and this is embraced by the entire company. Demica supports inclusivity by organizing workshops and activities to learn other colleagues' perspectives.
Operations & Strategy
People of all backgrounds are welcomed
Aug 2022
Jobs (5)
Software Engineering
Sales & Account Management
