OverviewSuggest Edit

Demica is a provider of working capital solutions. It designs a SaaS platform to deliver supply chain finance and trade receivables finance transactions. Demica serves banks, corporate customers and investors.
TypePrivate
Founded1992
HQLondon, GB
Websitedemica.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Apr 2022)169(+6%)
Revenue (FY, 2018)£8.4 M(+54%)
Cybersecurity ratingBMore
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Key People/Management at Demica

Matt Wreford

Matt Wreford

Chief Executive Officer
Maurice Benisty

Maurice Benisty

Chief Commercial Officer
Kishore Patel

Kishore Patel

Chief Technology Officer
Diego A. Palacios

Diego A. Palacios

Chief Operating Officer
Andrew Ryan

Andrew Ryan

Chief Financial Officer
Dipali Sahni

Dipali Sahni

General Counsel
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Demica Office Locations

Demica has offices in London and New York
London, GB (HQ)
1 Bread St
New York, NY, US
500 7th Ave 14th Floor
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Demica Financials and Metrics

Summary Metrics

Founding Date

1992

Demica total Funding

$70 m

Demica latest funding size

$30 m

Time since last funding

2 years ago

Demica investors

Demica's latest funding round in January 2020 was reported to be $30 m. In total, Demica has raised $70 m
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Demica Revenue

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Demica's revenue was reported to be £8.38 m in FY, 2018
GBP

Revenue (FY, 2018)

8.4m

Gross profit (FY, 2018)

924.5k

Gross profit margin (FY, 2018), %

11%

Net income (FY, 2018)

(5.3m)

EBIT (FY, 2018)

(5.6m)

Cash (31-Dec-2018)

1.3m
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

2.6m3.1m4.3m5.5m8.4m

Cost of goods sold

1.2m2.1m3.8m5.3m7.5m

Gross profit

1.4m961.2k466.4k204.4k924.5k

Gross profit Margin, %

54%31%11%4%11%
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

520.3k2.4m1.6m943.3k1.3m

Accounts Receivable

271.2k428.6k500.2k1.3m1.5m

Current Assets

984.8k3.1m2.7m3.0m4.2m
GBPFY, 2014

Financial Leverage

2.4 x
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Demica Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

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Demica Online and Social Media Presence

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Demica News and Updates

Mastercard unlocks working capital with Demica

Mastercard is to embed working capital into its Track Business Payments package through a partnership with supply chain finance specialist Demica.

Lloyds Bank partners Demica to roll out supply chain finance platform

Lloyds Bank has teamed with UK fintech Demica to roll out a digital supply chain finance platform for business customers.

Working capital fintech Demica raises $30m

London-based working capital outfit Demica has closed a $30 million Series C funding round led by Si...

Demica Blogs

Supporting the victims of the war in Ukraine

What the people of Demica doing to help those affected by the conflict. The team at Demica have been horrified by the devastation brought about by the war in Ukraine. We have all been deeply moved by the scenes of human suffering caused by the conflict. Working with our partners at Future Processing…

Demica’s 2022 Benchmark Report for Banks in Trade Finance

At the start of 2022, Demica conducted a survey on the key issues faced by bank practitioners of trade finance around the world. Addressing issues ranging from trade transformation, ESG criteria working their way into underwriting decisions, technology and product design, the findings of this resear…

How TreviPay continued its global expansion through a $215 million Trade Receivables Securitisation

Discover how we supported TreviPay – a global B2B payments company – reduce complexity by accessing a much-needed tailored solution to finance their business upsize. Download our latest customer story about TreviPay and learn how they partnered with us to replace their asset-backed loan (ABL) with a…

Working Capital Finance – moving into the mainstream for private equity

Private equity firms are increasingly using working capital finance as a way to create value in their portfolio companies. We explain how these solutions work and why a high-interest rate environment makes them particularly attractive. In 2010 I was running GE Capital’s leveraged finance commercial …

Why APIs are the future of corporate-to-bank ERP connectivity

Corporate-to-bank ERP connectivity is key for supply chain finance programmes to run effectively. We discuss how this process is moving off spreadsheets and using innovative new technologies. Digitalisation is creating huge opportunity in the world of open account trade finance. Market leading platf…

Robots, Treasury and the future of logistics

We spoke to Zeeshan Naqvi, Senior Vice President and Treasurer, GXO Logistics, Inc. about the future of his industry, his company and the key role of Treasury To walk through Nestle’s 640,000 square foot warehouse, located in England, is to experience an awe-inspiring vision of the future. 30ft-tall…
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Demica Frequently Asked Questions

  • When was Demica founded?

    Demica was founded in 1992.

  • Who are Demica key executives?

    Demica's key executives are Matt Wreford, Maurice Benisty and Kishore Patel.

  • How many employees does Demica have?

    Demica has 172 employees.

  • What is Demica revenue?

    Latest Demica annual revenue is £8.4 m.

  • What is Demica revenue per employee?

    Latest Demica revenue per employee is £48.7 k.

  • Who are Demica competitors?

    Competitors of Demica include Prospa, Ginmon and Productfy.

  • Where is Demica headquarters?

    Demica headquarters is located at 1 Bread St, London.

  • Where are Demica offices?

    Demica has offices in London and New York.

  • How many offices does Demica have?

    Demica has 2 offices.