COMPANY:
FISHTAIL
ABOUT:
Trade finance is globally underinvested because lenders can’t use supply chain data to automate their backend operations. Because of the manual effort required, large lenders tend to have a 1:3 or 1:4 ratio of sales to backend individuals, and if a new customer can’t generate $300k in revenue they will usually not be onboarded. Fishtail matches lenders with borrowers by digitizing, automating, and de-risking the trade finance process. With flexible, API first, cloud based architecture, Fishtail is the operating system for global trade that digitizes documents; automates the trade finance back office; de-risks individual trades through ML-based credit and underwriting technology; and matches the right trades to the right lenders.
SPEAKER:
Marc Held, CEO/CTO
Marc is a serial entrepreneur, specializing in applying advanced artificial intelligence and IoT to the supply chain industry. Currently he is the CEO of Fishtail, which matches lenders with borrowers by digitizing, automating, and de-risking the trade finance process. Prior to Fishtail, he has started, funded, and sold multiple companies – creating real value for Fortune 500 customers, investors, and his acquirers. Most recently, his company ODYN (inventory optimization platform for large CPG companies) was acquired by Turvo and his company before that (Weft, maritime intelligence platform – funded by a16z, social + capital, SV Angel, and other tier-1 VCs) was acquired by DMGT-owned Genscape. Prior to his experience in supply chain, Marc was also a product development consultant, specializing in mobile applications and content consumption, and had done early work in the smart personal assistant space. In his spare time, Marc is on the eternal path to have a net-zero impact on the planet and is constantly hunting for the perfect vegan ice cream.
TEAM MEMBERS:
Nikos Papageorgiou
COO