Finverity Raises $5 Million in Funding  

by Kay Aloha Villamor in April 4th, 2023

Finverity, a London, UK-based digital ecosystem for trade and supply chain finance, raised $5 million in an oversubscribed equity funding, bringing its total investment to $15 million.

The round was from Outward, a London fintech-specialist VC company, Amsterdam-based Acrobator Ventures, and US-based s16vc. Follow-on investors, including MENA-based B&Y Venture Partners and several UHNWIs, also participated in the round.

The funds will be used to boost the company's staff from 40 to 60 personnel, fulfill the fast-increasing demand for its products, and create offices in Dubai, Poland, and Kenya. Finverity's technology is also expanding to handle nearly the complete range of funded trade finance and working capital products.

Viacheslav (Slava) Oganezov, CEO & co-founder of Finverity, commented: “When we started this fundraise the market was just starting to go through a rough spot, so there was a lot of talk about negative sentiment. However, what we found is that there is a significant amount of venture capital out there. Funds have been raised and need to be deployed, investors are just more selective.”

In over five years, Finverity has built a truly digital ecosystem for trade and supply chain finance in pursuit of achieving its mission of bridging the $1.7 trillion global trade finance gap by channeling capital to where it’s most needed.

Company: Finverity Ltd.

Raised: $5.0M

Round: Equity Funding

Funding Month: April 2023

Lead Investors: Outward, Acrobator, and s16vc

Additional Investors: B&Y Venture Partners

Company Website:

Software Category: Cross-Border Supply Chain Finance Platform

About the Company: Founded in 2017 by Viacheslav Oganezov and Alex Fenechiu, Finverity is a cross-border supply chain finance platform for mid-market firms focused on trade between developed and emerging markets. The company has a dual offering, a Funding Platform, which brings together corporates seeking working capital and funders looking to deploy capital into quality mid-market assets on a single platform. The platform provides a whole suite of services and technology to enable trade and supply chain finance deals to be executed seamlessly and at scale. The second offering is a SaaS solution, which provides an end-to-end technology system for banks and non-banking financial institutions (NBFIs) to completely revolutionize their trade finance and working capital operations, client experience, and risk capabilities. Finverity work with non-bank funders to provide access to an asset class that is difficult to originate but provides attractive risk-adjusted returns and is recession-proof.


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