AZ US announcement1 Nov 2020 23:32
Supply@ME Capital plc, the innovative fintech platform which provides a unique, market-leading Inventory Monetisation© service to European manufacturing and trading companies. Zak Mir spoke with Alessandro Zamboni and here is the list of questions and answers below.
ZM: Supply@Me Capital has just announced a launch in the United States. How significant is this move in the history of the company?
AZ: The announcement to launch in the US is further proof of how scalable the Supply@ME platform is. In fact, we decided to accelerate our expansion into the US in response to increasing interest from investors there. Further, the powerful network (both of funders and on the client company side) introduced to Supply@ME by Anthony Brown encouraged us to kick off the US programme earlier than we had originally planned.
ZM: As Supply@Me Capital expands internationally, how easy is it to maintain and control the business?
AZ: The international platforms we roll out follow a standardised “format” and are all, therefore, subject to strong governance by our UK headquarters. Our standard group policies, procedures and methodologies mean Supply@ME sufficiently oversees all its operations in Europe and now the US, managing any risks safely and soundly in line with local requirements.
ZM: This autumn has seen a resurgence of COVID-19. How much does the pandemic affect the rollout of Supply@Me Capital? Is it overall a positive or a negative at the moment?
AZ: In my opinion, Supply@Me Capital is one of the few shares in the market that is uncorrelated with macro-economic factors, including the potential negative impacts of COVID-19. That’s a point we’re committed to demonstrating, particularly to the investment community, because it’s such an important part of our offering.
Looking at the demand, it is reasonable to expect a further increase in inventory monetisation service requests from companies with high creditworthiness, since public recovery measures and the banking industry are set to face further financial pressure.
ZM: Inventory monetisation is a unique concept. Do you think that Supply@Me Capital has got the message across in terms of both it uses for businesses and to investors on the stock market?
AZ: There is still work to be done to demonstrate the unique features and benefits of our inventory monetisation service. For example, Supply@ME’s service tends to be compared with asset-based lending facilities, which is like comparing apples to oranges – they are not the same thing.
On the funders side, we hope that the completion of our first securitisation will generate significant interest, communicating to a wide audience that Supply@ME really is a new asset class for the global asset management industry.