OverviewSuggest Edit

Longfin is a finance and technology company. It is focused on providing trade finance solutions and physical commodities finance solutions for finance houses and trading platforms for North America, South America and Africa regions. Longfin’s business model includes importer and exporter financing, financial institution intermediation, insurance backed trade financing, and Carry trade finance with FX solutions. The Company also provides liquidity/ technology solutions to all the major global exchanges, global banks, global commodity trading houses.
TypePublic
Founded2017
HQNew York, NY, US
Websitelongfincorp.com

Latest Updates

Employees (est.) (Dec 2017)3
Revenue (FY, 2017)$75 M
Share Price (Jul 2021)$0.1
Cybersecurity ratingAMore

Key People/Management at LongFin

John Parker

John Parker

Independent Director
Dave Nichols

Dave Nichols

Independent Director
Avinash Karingam

Avinash Karingam

Independent Director
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LongFin Office Locations

LongFin has offices in New York and Singapore
New York, NY, US (HQ)
85 Broad St
Singapore, SG
The Octagon 105 Cecil St
Show all (2)

LongFin Financials and Metrics

LongFin Revenue

LongFin's revenue was reported to be $75.05 m in FY, 2017
USD

Revenue (Q2, 2018)

39.9m

Net income (Q2, 2018)

(3.7m)

EBIT (Q2, 2018)

(4.0m)

Market capitalization (15-Jul-2021)

19.4m

Closing stock price (15-Jul-2021)

0.1

Cash (30-Jun-2018)

490.0k

EV

29.1m
LongFin's current market capitalization is $19.4 m.
Annual
USDFY, 2017

Revenue

75.0m

Cost of goods sold

65.1m

Gross profit

10.0m

Gross profit Margin, %

13%
Quarterly
USDQ1, 2018Q2, 2018

Revenue

54.3m39.9m

Cost of goods sold

51.0m

Gross profit

3.2m

Gross profit Margin, %

6%
Annual
USDFY, 2017

Cash

2.2m

Accounts Receivable

36.8m

Current Assets

44.1m

PP&E

8.4m
Quarterly
USDQ1, 2018Q2, 2018

Cash

4.4m490.0k

Accounts Receivable

31.1m38.6m

Current Assets

49.3m42.2m

PP&E

8.7m8.0m
Annual
USDFY, 2017

Net Income

(26.4m)

Depreciation and Amortization

4.6m

Accounts Payable

21.3m

Cash From Operating Activities

3.5m
Quarterly
USDQ1, 2018Q2, 2018

Net Income

(7.3m)(11.0m)

Depreciation and Amortization

2.3m4.6m

Accounts Payable

(998.0k)939.0k

Cash From Operating Activities

(1.8m)(4.4m)
USDFY, 2017

Revenue/Employee

25.0m

Financial Leverage

1.3 x
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LongFin Cybersecurity Score

Cybersecurity ratingPremium dataset

A

98/100

SecurityScorecard logo

LongFin Online and Social Media Presence

Embed Graph

LongFin News and Updates

Longfin Must Pay $6.8 Million After Court Backs SEC Fraud Complaint

A New York court has backed charges brought by the SEC that the fintech firm committed fraud relating to its public offering and Nasdaq listing.

UPDATE 1-U.S. charges ex-CEO of cryptocurrency company Longfin with $66 million fraud

U.S. prosecutors said on Wednesday the former chief executive of Longfin Corp has been indicted for engineering an accounting fraud that inflated the revenue of the now-defunct cryptocurrency company by more than $66 million.

U.S. charges Longfin CEO over alleged $66 mln accounting fraud

U.S. prosecutors on Wednesday said the chief executive of Longfin Corp has been indicted for allegedly orchestrating an accounting scheme to defraud investors and others by recognizing more than $66 million of fake revenue.
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LongFin Frequently Asked Questions

  • When was LongFin founded?

    LongFin was founded in 2017.

  • Who are LongFin key executives?

    LongFin's key executives are John Parker, Dave Nichols and Avinash Karingam.

  • How many employees does LongFin have?

    LongFin has 3 employees.

  • What is LongFin revenue?

    Latest LongFin annual revenue is $75 m.

  • What is LongFin revenue per employee?

    Latest LongFin revenue per employee is $25 m.

  • Who are LongFin competitors?

    Competitors of LongFin include IceKredit, Magic FinServ and Senso.ai.

  • Where is LongFin headquarters?

    LongFin headquarters is located at 85 Broad St, New York.

  • Where are LongFin offices?

    LongFin has offices in New York and Singapore.

  • How many offices does LongFin have?

    LongFin has 2 offices.