Demica hires new Head of Marketing as the company continues to drive customer growth.

03 May 2018

Demica News

London, 3 May 2018 - Demica, the specialist provider of working capital solutions to major corporates and banks, is pleased to announce the appointment of Mariusz Kostera as Head of Marketing. Mariusz brings over 20 years of advertising and marketing experience for top tier finance institutions having held many senior marketing and commercial positions at HSBC, Citi Bank and most recently serving as Chief Marketing Officer at BPH Bank, a division of GE Capital.

Maurice Benisty, Chief Commercial Officer, commented “As we continue to sign new banking platform partners and grow our corporate relationships across Europe, North America and Asia we will now benefit greatly from the experience Mariusz will bring to the team.  He will focus on growing our network of corporate finance partnerships and bringing the benefits of our technology platform to a greater number of prospective corporate and bank platform customers.”

About Demica

Demica is a rapidly growing Fintech providing working capital solutions to large corporates and banks with a broad range of receivables, inventory and payables finance products. The company focuses on non-investment grade, multinational clients all over the world, across industries and sectors, requiring facilities of $50m - $750m+.

Over the past three years, Demica has materially expanded its origination, structuring, implementation and placement teams to enable it to offer a seamless end-to-end solution to a wide universe of clients. In parallel, significant investment in its proprietary technology platform has enabled it to automate complex, high volume programmes and release billions of dollars of trapped working capital from supply chains. Today, over $9bn of funding is outstanding on the platform, provided by a diverse range of banks and institutional investors.