Tint Finance Services, a UK-based Fintech that aims to help SMEs simplify supply chains, said it has topped $20 million (£15m) in trade finance just six months after.
Tint was founded in 2023 by a group of banking and trade professionals. The mission of the company is to address the fact that “more than 30% of potential global trade is held back by complexity and lack of funding.”
Tint’s platform combines services, including trade finance, insurance, FX, logistics, compliance, and ESG support. Tint seeks to allow SMEs to have quicker access to capital, more flexible terms, and tailored financial solutions, enabling them to scale and thrive seamlessly in a global market.
Tint aims to scale globally with its service. Its lending business is backed by Channel Capital, an alternative investment fund manager.
Steve Rose, CEO of Tint, commented on the update:
“We are thrilled that we have been able to help our clients secure financing, enabling them to import and export more easily to fuel their expansion plans. Not only have we reached an important milestone, but we have also built a healthy pipeline of clients. This success underscores the agility of our fintech offering and the dedication and skill of our team, showcasing their commitment to excellence. We have validated the market gap and the need for the combination of services that will be available through our platform – and look forward to helping many more businesses along their scaling journey.”
