AZ interview12 Dec 2020 19:26
Just spotted this in the Fintech Times, sorry if it's already been posted...
Alessandro Zamboni is the founder and CEO of Supply@ME, an independent fintech company providing an innovative proprietary inventory monetisation service to companies in a wide range of industrial sectors. Alessandro thinks that the year has shown the importance of inventory monetisation.
“Coronavirus has undoubtedly made 2020 a challenging year, however, the last 9 months have clearly demonstrated the important role of inventory monetisation for stock-rich companies, from car parts and fashion to metals manufacturers and vineyards. Supply@Me has helped dozens of European firms to solve immediate cash flow problems in a way they previously didn’t think was possible – by monetising stockpiles for which there is no immediate buyer, underpinned by our proprietary blockchain platform.
“Since no other companies do what we do, the global untapped potential for asset monetisation providers is vast – to the tune of $3.75trn across Europe, the US and the UAE.
“This year, Supply@ME listed on the London Stock Exchange (LSE) and agreed with a major global asset manager to roll out a securitisation that will raise inventory monetisation for UK businesses. In the last two months alone, Supply@ME secured so much interest from investors in the US that we launched our platform there, in collaboration with founder and CEO of The Trade Advisory, Anthony Brown, earlier than planned. We have also just secured approval to launch a sharia-compliant version of our platform in the UAE, and hope to go live by Q1 2021, and have partnered with the major domestic industrial districts there.
“Next year, we believe interest in our unique inventory monetisation platform will grow, whichever way the Covid-19 pandemic unfolds. On one hand, economic difficulty could ensue and companies will be unable to immediately sell their stock, while on the other, trading conditions may stabilise and companies will have to ramp up their operations with gusto to meet their peaks, like Christmas and New Year demand. Either way, top quality firms will increasingly seek out this evergreen funding opportunity, made possible through Supply@ME’s proprietary platform
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