Whitehall A Supply Chain Finance Platform Provider Country: UK | City: London | Employees: 4 Year Started: August 2015 | Sector: Logistics/Supply Chain Product stage: Prototype | Website: N/A Team Product Team Founders: What is it? We are building a Supply Chain Finance platform which Colin Levins, CEO will facilitate SME suppliers to larger corporates Studied Economics at Trinity College Dublin and is a obtaining finance by reference to the larger corporates qualified Chartered Accountant ICAEW credit rating. This is a platform that will provide access Tarun Kumar, CTO for non investment grade corporates to the financial Extensive experience in project managing and markets to finance their supply chain whilst at the developing Java application for Fintech and same time providing them the opportunity to government departments participate in the financing. Employees, Advisors & Investors: Revenue model: Marketplace N/A Scalability: Previous funding: N/A Average monthly revenues: N/A Planned fundraising: 500,000 EUR Market What is the need or problem being satisfied? Smaller suppliers’ cash positions are suffering from long payment terms of their larger counterparties. They struggle to get access to working capital. At the same time cash rich investors are looking to get additional yield on their cash from highly rated credit corporate. Whitehall matches both. Competitive Advantage: The ability to incentivise the corporate to participate in the scheme and also to participate in the funding as their balance sheet permits. The ability to provide a multi tenant Platform to providers of capital. The ability to provide an elective and flexible form of finance to the provider i.e they can choose when to elect for finance on specific invoices. We have connected to the recently released companies house API. Market Size: McKinsey produced a report in October 2015 estimating the global market size as $2 trn of financeable assets with 20% growth year on year from 2010 to 2014 and projected gorwth of 15%p.a. They also identify non investment grade receivables as an area for growth. The competitors are banks and specialist SCF providers such as Prime Revenue