Mercore

🎄🎄 As we wrap up 2024, we’d like to take a moment to thank everyone we’ve had the privilege of working with this year. Wishing you all a joyful holiday season and a prosperous 2025! Anthony Wadsworth-Hill David Stafford Kevin D. Stephina Smyth Jessie B.

The BCR Publishing 10th Alternative and Receivables Finance Forum kicks off today at Clifford Chance in London! This two-day event brings together industry leaders and innovators to explore the future of alternative and receivables finance. Our co-founder, Anthony Wadsworth-Hill, will be speaking tomorrow on the “A New Digital Trade Landscape” panel, alongside Sarah Green, Paul Landless and Chris Southworth. The session will dive into the transformative potential of a digital trade environment, highlighting initiatives from ITFA and the International Chamber of Commerce, and advancements like MLETR, digital bills of exchange, and the impact of the UK’s Electronic Trade Documents Act. We’re looking forward to hearing Anthony’s insights and reflections from the event. #TradeFinance #DigitalTrade #ReceivablesFinance #MercoreGroup

By all accounts, the African Export-Import Bank (Afreximbank) #ATFS2024 seminar is a resounding success 🎉 Our co-founder, Anthony Wadsworth-Hill, shared his thoughts: "This is a truly excellent event organised by Afreximbank, leading the continent’s trade solutions with its expert team. The engagement of attendees across these highly informative seminars clearly shows that African financial institutions are keen to adopt digital solutions in their trade finance activities and eager to collaborate. Mercore is keen to play its role in supporting efforts to close the global trade finance gap and would be delighted to work with banks to both facilitate and raise awareness of digital promissory notes and bills of exchange, as well as to serve as an SME trade finance provider through Mercore Capital." We look forward to more insights and updates over the next two days! #Afreximbank #AfricanTrade #ATFS2024 #GlobalAfrica #TradeFinance #Mercore ITFA

🇳🇦 Afreximbank Trade Finance Seminar 2024 Anthony Wadsworth-Hill has arrived in Windhoek, Namibia to attend the 2024 African Export-Import Bank (Afreximbank) Trade Finance Seminar (ATFS). This annual event unites leading minds in African trade finance and aims to equip African financial institutions, bankers and professionals from regulatory agencies, corporates and legal firms with the skills necessary for dealing with the challenges of financing transactions under heightened global economic uncertainty. Anthony will also represent ITFA as he presents in a Day 1 session on “Unlocking Potential: The Digital Revolution in African Commerce and the Imperative for Trade Fintech Adoption.” This session will cover key insights into the role of fintechs in trade financing across Africa, the ways banks and DFIs can enhance support, and important lessons fintechs have learned in addressing Africa’s financing challenges. Stay tuned for updates! David Stafford Kevin D. Stephina Smyth Sonali Hazareesing #ATFS2024 #TradeFinance #Mercore #ITFA #Digitalisation

Meet Our Speakers for the Afreximbank Trade Finance Seminars and Workshop 2024. With just a few weeks left until the Trade Finance Seminar 2024, happening from November 5-7, followed by the Factoring Workshop on November 8, this is your opportunity to unlock global trade finance insights and technical skills! At #ATFS2024, explore trade risk assessment, mitigation strategies, and digital solutions shaping the future of African trade. Gain practical knowledge and technical skills to thrive in a changing world. Register now: https://lnkd.in/ePtce5Gg #ATFS2024 #Afreximbank #TradeFinance #AfricaTrade #DigitalSolutions

🛬 🇺🇸 Our co-founder and Chief Business Officer, Anthony Wadsworth-Hill, has arrived in Washington, for the inaugural Trade and Supply Chain Finance Gap Summit (TF COP). Taking place today at the IFC - International Finance Corporation headquarters, this invitation-only event is held in collaboration with ITFA and aims to address the root causes of the trade finance gap. The TF COP brings together key stakeholders from the global trade finance ecosystem to develop tailored, practical solutions that can have a direct impact on SME traders across various regions. Anthony will also participate in a panel discussing how private market players can collaborate with DFIs and MDBs, reflecting Mercore's commitment to enhancing collaboration in trade finance. This summit promises to be an interesting platform for meaningful discussions and provides a significant step in the right direction toward addressing the trade finance gap. #Mercore #TradeFinance #SupplyChainFinance #IFC #ITFA #Collaboration #SME #TradeFinanceGap. David Stafford Kevin D. Stephina Smyth Sonali Hazareesing

🇰🇪 📰 Exciting News! We’re pleased to be featured in Green Rising's latest article, "Fintech is Falling for the Green Economy – About Time." Green Rising, founded in Kenya, is a platform dedicated to sustainability, climate action, and the intersection of green technology with finance, driving awareness of how businesses can foster environmental progress. Our mention in the article relates to financing provided to green businesses in Africa, such as Kentegra Biotechnology Holdings LLC, who produce organic pesticides derived from pyrethrum. These solutions support sustainable agriculture, reducing reliance on synthetic chemicals, while benefiting both the environment and local economies. A big thank you to Green Rising and Oliver August for including us in this important discussion! #Fintech #Sustainability #GreenEconomy #Mercore #GreenRising #SustainableFinance Anthony Wadsworth-Hill David Stafford Stephina Smyth Kevin D. Genevieve Edusei https://lnkd.in/e_9Fi9jS

🥇 📰 Another first for Mercore and Lloyds! We’re excited to share that Mercore and Lloyds Corporate & Institutional have completed a landmark digital trade transaction under ITFA’s Digital Negotiable Instrument (DNI) Initiative using Enigio’s trace:original solution. This marks the first time a Digital Bill of Exchange (dBE) has been transferred between two financial institutions, each representing either an importer or exporter. Anthony Wadsworth-Hill, Co-Founder and CBO of Mercore: “Partnering with Lloyds Bank on this digital ‘first’ demonstrates how digital solutions like the Digital Bill of Exchange can revolutionise trade. We look forward to more collaborative transactions that drive efficiency and financial inclusion.” 📄For further details, please read the full press release below. #DigitalTrade #TradeFinance #Innovation #Mercore #LloydsBank #DNI Anthony Wadsworth-Hill David Stafford Kevin D. Stephina Smyth Jessie B.

We have more great news coming soon from our DNI Initiative community. Just relax, follow us, be confident and watch ITFA's news. In the meantime, as we embark on the last quarter of the year, here are opportunities to join the most advanced players on the #MLETR front via online and in-person gatherings: 1. The Economist's 4th annual Global Trade and Supply Chain Summit in Dubai on 9 October 2024 with Casterman Advisory; 2. Pre-Sibos on-line session for the French market (on Teams!) taking place on 17 October with Lloyds Corporate & Institutional, Enigio, Done and Casterman Advisory, and hosted in collaboration with Paris Europlace and ICC France; 3. Monthly on-line DNI Initiative Adoption Group sessions – next one on 23 October on Zoom where new cross-border transactions will be revealed; 4. Then we have Sibos in Beijing where DNI Initiative members will further engage on the 4-corner interoperable DNIs - make sure you meet Surath Sengupta, Rogier van Lammeren, Rita King and Gwynne Master on the Lloyds Bank booth, as well as Patrik Zekkar of Enigio; get on our DNI Sibos contact list to increase chances to meet the right #MLETR focused delegates; 5. Annual African Export-Import Bank (Afreximbank) Trade Finance Seminar hosted in Windhoek, Namibia on 5 -7 November 2024 where Mercore will share their recent DNI transactions; 6. Trade Finance Investor Day on 11-12 November at the Four Seasons Park Lane in London hosted by TFD Initiative (in person) featuring DNI transactions by Lloyds Corporate & Institutional and Trade Finance Global (TFG); 7. **new** MLETR 2025 Planning Meeting for the US market on 12 December hosted by Lloyds Corporate & Institutional in New York City (in person). Please liaise with the ITFA secretariat and/or with André Casterman, Chair, Fintech Committee to get involved and benefit from the community work.

It’s another #ThrowbackThursday 🥳 Last week Kevin D. and Genevieve Edusei attended the Tech Mixer 2024 event at Google’s headquarters in King’s Cross. It was a very insightful experience, packed with great discussions about AI’s transformative role in Web3 and blockchain industries. The potential use cases provided helpful insight - a highlight for us being the use of automation in KYC, something we’ll be exploring further. It was also a great opportunity to meet so many people from different industries, each bringing unique perspectives on how AI can shape the future of their respective fields. A big thanks to the hosts for putting on such an informative event! Tech Alchemy Systango Google Cloud Soham Trivedi Emma Osman Looking forward to the next one! #AI #Web3 #Blockchain #Google #Networking #KYC