Cash flow management is one of the biggest challenges for businesses

Mercore provides tailored working capital solutions, enabling buyers and suppliers to free up cash and support growth.

Talk to us today about our range of solutions which can solve your working capital challenges.

Accounts Receivable Financing

Do you have cash tied up in unpaid customer invoices?

Mercore’s accounts receivable solutions offer you an efficient, flexible way to access the capital in your outstanding receivables.

Accounts Payable Financing

Liberate working capital with Mercore’s accounts payable solutions.

Hold onto your own cash for longer, while offering your suppliers attractive payment terms.

International Trade Finance

Our range of trade finance solutions will enable your business to bridge the cash-flow gap between purchasing goods (domestically and internationally) and getting paid by your customers.

Accounts Receivable Financing

Do you have cash tied up in outstanding customer invoices?

Mercore’s accounts receivable solutions offer you an efficient, flexible way to access the capital in your outstanding receivables.

Accounts Payable Financing

Liberate working capital with Mercore’s accounts payable solutions.

Hold onto your own cash for longer, while offering your suppliers attractive payment terms.

International Trade Finance

Our range of trade finance solutions will enable your business to bridge the cash-flow gap between purchasing goods (domestically and internationally) and getting paid by your customers.

OUR VISION

To enable underserved companies to access the financing they need to grow.

Our customers are underserved by the traditional banking sector due to:
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Geography: Many emerging market countries are considered high risk and are therefore de-risked by the majority of traditional banks.

Size: The most commonly reported victims of the $1.7tn trade finance gap are SMEs and MSMEs who increasingly struggle to find banking options.

‍Industry: Companies in certain industries are severely restricted in banking options.

Complex ownership structures: Traditional lenders’ compliance systems struggle to cope with complex ownership structures.

MERCORE'S COMPLIANCE-FIRST APPROACH

Our compliance specialism allows us to tackle trade finance differently.

Mercore is a fintech which has been developed by KYC/AML professionals with a compliance-first approach to banking and finance. As a result, our technology has market leading capabilities in KYC, AML and financial crime prevention.

We have a team of over 150 industry leading financial crime compliance professionals who, having shaped our technology build, now form part of our Client Management team.

These factors enable us to service companies traditionally underserved and overlooked by the banking sector.

Our founding principles

Build a tech solution around our AML/KYC specialism, enabling broader access to trade finance at reduced cost.

Bring together corporates, financiers and insurers to efficiently match financing requirements to risk appetite.

Deliver services via a comprehensive solution for the origination, execution and risk management of trade.

Progressively adopt proven technologies, providing a solution which is accessible any time, anywhere and via any channel.

Put our customers needs first, with intuitive systems supported by a practical 'concierge-style' support team of experienced analysts.

Build a tech solution around our AML/KYC specialism, enabling broader access to trade finance at reduced cost.

Bring together corporates, financiers and insurers to efficiently match financing requirements to risk appetite.

Deliver services via a comprehensive solution for the origination, execution and risk management of trade.

Progressively adopt proven technologies, providing a solution which is accessible any time, anywhere and via any channel.

Put our customers needs first, with intuitive systems supported by a practical 'concierge-style' support team of experienced analysts.

Our founding principles

A fintech disruptor built by compliance/AML professionals.

Build a tech solution around our AML/KYC specialism, enabling broader access to trade finance customers/products at reduced cost.

Bring together corporates, financiers and insurers to efficiently match financing requirements to risk appetite.

Deliver services via a comprehensive solution
for the origination, execution and risk management of trade.

Progressively adopt proven technologies, providing a solution which is accessible any time, anywhere and via any channel.

Put our customers needs first, with intuitive systems supported by a concierge team providing 24/7 assistance.

Build a tech solution around our AML/KYC specialism, enabling broader access to trade finance customers/products at reduced cost.

Portable KYC Data Wallet

The Mercore platform creates an immutable KYC Data Wallet for our customers, acting as a centralised record of their KYC information. Access to this KYC Data Wallet can then be granted by the customer to transaction counterparties on either a one-time or term basis.

Export / Receivables Finance

Mercore has a range of products to support you in exporting your products/services internationally. These financing solutions help our customers to win contracts, fulfil orders and get paid.

Import / Payables Finance

Dealing with overseas suppliers can be a challenge for cashflow management. Mercore’s import finance solutions allow you to close the cashflow gap between paying your suppliers and getting paid by customers.

TradeReady Directory

Under Development

Once onboarded to the Mercore platform, customers are granted a “KYC verified” or TradeReady status. TradeReady customers can choose to be listed in our TradeReady Directory to facilitate collaboration.

Documentary Credit / LC Pre-check

Launch TBC

Using OCR and AI technologies, our platform will be able to provide an automated pre-checking service for documents under documentary credits.

Multi-currency Payment Account

Launch TBC

Our multi-currency accounts will provide access to over 40 currencies and local IBANs where required.

Meet the Team

Charlie Lazenby

Co-Founder and CEO

Managing Partner - Campion Willcocks Compliance. 15 years' experience in compliance and AML consultancy. Formerly KPMG. Executive MBA (Oxon), LLB (Dunelm).

Anthony Wadsworth-Hill

Co-Founder, DCEO and COO

International trade finance executive. 20 years' commercial banking experience, including compliance/AML transformation programmes. PDipBPM, Oxford Fintech Programme.

David Stafford

Co-Founder and CFO

Accountant with specialism in M&A private equity and IPOs. 13 years' experience in accounting and finance. Formerly Deloitte. ACA (ICAEW), Executive MBA (Oxon).

SOLUTION

The Mercore approach

Mercore aims to be the one-stop shop for global corporate identity and trade finance solutions. We support companies and financial institutions involved in trade finance and other commercial transactions to reduce their cost of regulatory compliance and improve their financing opportunities.

We enable corporates to access finance by optimising their KYC/AML profile and preparing them for financial/credit due diligence.
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The global trade finance gap is estimated to be at least US$1.7 trillion and has its most significant impact on SMEs and entities operating in developing markets; with almost half of all applications for trade finance being rejected. Many factors drive this high rejection rate, including amongst others, entity risk assessment and cross-border transaction complexity, lack of digitalisation and banks' regulatory capital requirements.

These issues lead to a high cost of service for banks/financiers, resulting in banks prioritising larger organisations. Consequently, small and medium size companies have fewer (and sometimes no) options for financing.

Mercore’s approach utilises cutting edge technology solutions to enable a seamless customer onboarding journey. Our digital platform is complemented by a practical 'concierge-style' support team of experienced analysts who know what is required to be 'bankable'.

The Mercore KYC Data Wallet provides independent KYC verification for potential financiers, whilst simultaneously reducing the duplication of work and improving the time to be onboarded.

This lowers the cost of service which, in turn, lowers the relationship viability threshold, so results in greater options for financing at lower lending rates for borrowers.

Company registration and license information

Companies House Registered

Mercore is the trading name of Mercore Group Ltd (registered in England and Wales under Company Number 13510698) and all of its subsidiaries.

Registered Address

Our registered address is 7 Bell Yard, London, WC2A 2JR, United Kingdom.

FCA Registered

Mercore Capital Ltd is supervised by the Financial Conduct Authority for anti-money laundering purposes only under FCA Firm Reference Number: 983852.

ICO Registered

We are registered on the Register of Data Controllers with the Information Commissioner's Office numbers ZB493553 (Mercore Capital Ltd) and ZB259416 (Mercore Ltd).

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