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Remitia
Using proprietary algorithms and predictive analytics to enable large corporates to pay the SMEs in their supply chain instantly, before invoice approval.
- Stage Prototype Ready
- Industry Fintech
- Location London, United Kingdom
- Currency GBP
- Founded April 2014
- Employees 9
- Website remitia.com
Company Summary
Remitia aims to provide instant payments to the SME suppliers of large corporates. We use the large corporates’ data to make the Supply Chain Finance industry more efficient, less risky, more inclusive and at the lowest cost. Remitia is an easy, scalable, all inclusive SCF solution that does NOT require E-invoicing or P2P. The marriage between our algorithms and our payment analytics is what makes us unique. Watch our 60 second pitch video.
Team
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PR & Communications
Samantha has over 12 years experience with start-ups, successfully building two companies of her own. With a degree in Communications and previous experience in both PR and marketing, Samantha oversees Remitia's PR & Marketing efforts.
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CEO & Founder
Recognised as a global leader in payables led finance with over a decades worth of experience. David personally championed the recognition of Payables in the Bank of England commission report endorsing SCF as a solution to the liquidity crisis caused by the credit crunch. David has been influential in framing the US and UK government policy in early payments.
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Non-Executive Director
Richard leads on strategic development for a multinational defence electronics company, and is Non-Executive Director to others. He spent 37 years in the Army. Latterly, Richard was Quartermaster General and a Chief of Materiel.
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Sales
Manny has over 23 years of experience in sales and business development for investment banks and in the financial sector. He has first-hand experience of spearheading new businesses for both established and start up companies.
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Payment Analytics
Giulio specialises in total working capital optimisation, supporting clients in identifying improvement opportunities. He was instrumental in working on several US and European projects, releasing over £1 Billion in cash over 12 years.
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Data Analytics
Federico designed algorithmic trading strategies and was responsible for a portfolio spanning multiple asset classes and regions. Prior to joining Remitia he received a Master in Finance degree from MIT, where he did research in Fixed Income arbitrage models.
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Finance and Securitisation
Simon has worked in finance and securitizations for over 20 years. He has worked on cash and synthetic structures for multinational banks in NY and London and most recently set up and ran the structured finance team at a rating agency in London
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