Let’s Make a Trade Enabling Global Trade for SME’s
Dear Ocean Friends,
Hope you are well. We are super excited to share the big news!
- New Contract
We’re thrilled to share we have signed a new commercial agreement with Olea, which is a JV between Standard Chartered bank and Linklogis. This will allow us to fulfil more purchase orders and create groundbreaking financial solutions for our SME customers.
- Additional Revenue
We just booked another US$ 1,200,000 in purchase orders with the total pipeline going up to US$22 million.
- New Investor & Advisor
We are thrilled to welcome Mr Shiva to our cap table and family. He is the Ex CEO APAC for Lloyds bank and has deep experience in supply chains.
- Impact Investing
We are proud to support HereWeFlo’s supply chain. The company is founded by two amazing women entrepreneurs. It is a remarkable brand that embodies sustainability, organic practices, and vegan period care.
*Please note that Revenue numbers for all the above periods have been updated to reflect OCEAN’s transition to calendar year reporting [Jan.- Dec.] Revenues shown are the Value of Invoices
Over the past few months, we have had the privilege of participating in a series of esteemed business and trade events:
• Private Wealth Asia in Singapore
• SuperReturns in Berlin
• Prestel & Partners Family Office Forum in London
• NACFB in Birmingham
• The World Family Office Forum in Montreux
• The European Single Family Office Symposium in Lausanne
These exclusive events have served as an invaluable platform for our team to forge connections with industry luminaries, remain at the forefront of private equity and venture capital trends, and gain profound insights into these dynamic industries.
By immersing ourselves in these environments, we have not only enhanced our ability to cater to the unique needs of our clients, but also expanded our global network and fostered meaningful business relationships.
Olea is a fully-digitized trade finance origination and distribution platform.
Leveraging the capabilities of Standard Chartered and Linklogis, Olea brings together unparalleled expertise in international trade and risk management through their leading technology platform.
At Ocean Fintech, we’ve always been committed to pioneering solutions that redefine financial technology. Our vision aligns perfectly with our dedication to innovation, customer-centric solutions, and driving positive change in the world of finance for SME’s.
We have just invested in HereWeFlo, an inspiring addition to the Ocean family—a brand that embodies sustainability, organic practices, and a commitment to vegan period care.
HereWeFlo offer a diverse range of offerings, including tampons, pads, liners, and period underwear. Their products are designed with an unwavering dedication to both people and the planet, crafted using premium plant-based ingredients to minimise their environmental footprint.
HereWeFlo also champions a greater cause by donating 5% of its profits to charities dedicated to supporting women and girls by fighting period poverty across the globe.
We take immense pride in collaborating with HereWeFlo and support in championing their mission to revolutionise period care by making it more sustainable, affordable, and accessible for all.
HOW CAN WE WORK TOGETHER?
We are actively deploying capital so if you have any portfolio companies that are looking for growth capital and open to debt that meet the criteria below, we would love to have a chat.
• Annual Revenue above US$1 million
• Deal in Hardware (Consumer goods, Sportwear, household goods, Medical devices, etc)
• Located in Developed Markets (US, UK, EU, AU, etc)
We are also actively hiring so please share these open positions with your network:
• Chief Marketing Officer
• Chief Operating officer with experience in Fintech or Logistics tech
• Sales executive (Corporate Finance)
We plan to start Series A tech demos soon – for an early sneak peek, please feel free to sign up for the Tech Demo here.
We are grateful for your continued support and belief in our mission to make international trade credit more accessible to everyone. We’ll be sure to keep you updated on our progress.
Vishal H. Kewalramani
PS: Feel free to drop any time in my calendar here to catch up.