Founded in 1992, DEMICA is a world expert in providing working capital solutions to medium and large companies.
Originally our technology was developed to run the treasury departments of banks and other financial services providers. Working with clients such as St George Bank in Australia and Siemens in Germany, we built an incredibly flexible but robust platform that can run receivables, inventory, and other asset-backed finance programmes, all managed on an invoice-by-invoice basis. In 2002 we transitioned into a solutions provider and developed a range of programme services, such as acting as reporting agent. Over the next 12 years we extended the platform to manage trade receivable securitisations for large corporates, added award-winning invoice discounting functionality and then finally rolled out a highly flexible supply chain finance solution to become the only end-to-end working capital platform with a global footprint. Most recently, in 2014, we evolved into a fully-fledged alternative finance platform.
We are extremely proud of our roster of multinational corporate clients and of the fact that the quality of our technology platform and the expertise of our team has been recognised by five European banks whose working capital offerings are also powered by DEMICA.
In August 2014, DEMICA was acquired by three large financial investors with a strategy to transform the business into an alternative finance platform. Today DEMICA has access to proprietary pools of capital, which we can deploy for our clients, or we can provide access to our bank and institutional investor partners on an agency, syndicated or risk participation basis.