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.
| Type | Private | |
| Founded | 1992 | |
| HQ | London, GB | Map |
| Website | demica.com | |
| Employee Ratings | More |
Key People/Management at Demica
Matt Wreford
Chief Executive Officer
Maurice Benisty
Chief Commercial Officer
Kishore Patel
Chief Technology Officer
Diego A. Palacios
Chief Operating Officer
Andrew Ryan
Chief Financial Officer
Dipali Sahni
General Counsel
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
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 | JRJ Group, Simcah Management |
Demica's latest funding round in January 2020 was reported to be $30 m. In total, Demica has raised $70 m
Demica Revenue
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 |
| GBP | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|---|---|
Revenue | 2.6m | 3.1m | 4.3m | 5.5m | 8.4m |
Cost of goods sold | 1.2m | 2.1m | 3.8m | 5.3m | 7.5m |
Gross profit | 1.4m | 961.2k | 466.4k | 204.4k | 924.5k |
Gross profit Margin, % | 54% | 31% | 11% | 4% | 11% |
| GBP | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|---|---|
Cash | 520.3k | 2.4m | 1.6m | 943.3k | 1.3m |
Accounts Receivable | 271.2k | 428.6k | 500.2k | 1.3m | 1.5m |
Current Assets | 984.8k | 3.1m | 2.7m | 3.0m | 4.2m |
| GBP | FY, 2014 |
|---|---|
Financial Leverage | 2.4 x |
Demica Cybersecurity Score
Demica Online and Social Media Presence
30 Twitter followers
Demica has 30 Twitter Followers. The number of followers has increased 1.3% quarter over quarter
Demica's Trends
Demica News and Updates
October 21, 2021
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.
November 06, 2020
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.
January 22, 2020
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
April 22, 2022
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…
April 05, 2022
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…
March 31, 2022
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…
March 23, 2022
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 …
March 14, 2022
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…
March 09, 2022
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…
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.
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