Crédit Agricole CIB, the corporate and investment banking arm of Crédit Agricole Group, has announced a strategic partnership with Demica, a leading fintech company specializing in working capital solutions.
Under this partnership, Crédit Agricole CIB will leverage Demica’s technology platform to enhance and optimize its trade finance offerings for corporate clients. Demica’s innovative solutions will enable Crédit Agricole CIB to streamline processes, improve efficiency, and provide tailored financing solutions to meet the specific needs of its clients.
This collaboration marks a significant step in Crédit Agricole CIB’s commitment to driving innovation and digital transformation within the trade finance landscape. By partnering with Demica, Crédit Agricole CIB will be able to offer a broader range of financing solutions and deliver enhanced value to its clients.
We are thrilled to be partnering with Demica,” said Jean-Francois Lambert, Global Head of Trade & Transaction Banking at Crédit Agricole CIB. “Their technology platform and expertise in working capital solutions align perfectly with our commitment to delivering best-in-class trade finance services to our clients.”
Benefits of the partnership
- Enhanced trade finance offerings for corporate clients
- Streamlined processes and improved efficiency
- Tailored financing solutions to meet specific client needs
- Access to Demica’s innovative technology platform
About Crédit Agricole CIB
Crédit Agricole CIB is the corporate and investment banking arm of the Crédit Agricole Group, the world’s largest cooperative financial institution. With a presence in 54 countries, Crédit Agricole CIB offers a comprehensive range of products and services across a variety of sectors, including capital markets, structured finance, and trade finance.
About Demica
Demica is a leading fintech company specializing in working capital solutions for corporates and financial institutions. With a focus on leveraging technology to optimize supply chain finance and trade receivables, Demica’s platform helps businesses unlock working capital, improve cash flow, and enhance overall financial performance.
This strategic partnership between Crédit Agricole CIB and Demica signals a new era of collaboration and innovation in the trade finance industry. By combining the expertise and resources of both organizations, they are poised to deliver cutting-edge solutions that meet the evolving needs of corporate clients in an increasingly digital world.