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$4.6 trillion worth of SME-owned goods sits dormant in warehouses worldwide, awaiting their potential to be unlocked. Warehouse financing, a lifeline for businesses, remains elusive for SMEs due to complex and untrustworthy warehouse receipts. Fortstock disrupts this landscape with blockchain technology, injecting trust, speed, and simplicity into the process. Fortstock integrates seamlessly with Warehouse Management Systems, transforming warehouse receipts into dynamic, real-time assets. This technology unites three vital parties: Goods Owners (Borrowers): SMEs seeking capital using their stored goods as collateral. Warehouses (Custodians): Guardians of valuable assets ensuring their security. Banks/Fintechs (Lenders): Financial pioneers ready to empower SMEs. But we're not stopping here. Fortstock's open technology is poised to revolutionize other sectors like insurance, bill of lading, and beyond, positioning us to become the "SWIFT of Supply Chain." Join us in rewriting the rules of trade finance, unlocking opportunities, and ushering in a new era of trust and financial empowerment. Fortstock—$4.6 trillion meets innovation and opportunity.

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Supply Chain Finance
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Fortstock

Claimed Profile, managed by the company
Claim Company
Dublin
,
Ireland
https://fortstock.io/

$4.6 trillion worth of SME-owned goods sits dormant in warehouses worldwide, awaiting their potential to be unlocked. Warehouse financing, a lifeline for businesses, remains elusive for SMEs due to complex and untrustworthy warehouse receipts. Fortstock disrupts this landscape with blockchain technology, injecting trust, speed, and simplicity into the process. Fortstock integrates seamlessly with Warehouse Management Systems, transforming warehouse receipts into dynamic, real-time assets. This technology unites three vital parties: Goods Owners (Borrowers): SMEs seeking capital using their stored goods as collateral. Warehouses (Custodians): Guardians of valuable assets ensuring their security. Banks/Fintechs (Lenders): Financial pioneers ready to empower SMEs. But we're not stopping here. Fortstock's open technology is poised to revolutionize other sectors like insurance, bill of lading, and beyond, positioning us to become the "SWIFT of Supply Chain." Join us in rewriting the rules of trade finance, unlocking opportunities, and ushering in a new era of trust and financial empowerment. Fortstock—$4.6 trillion meets innovation and opportunity.

Active
Active
Active
Supply Chain Finance
General Information
Status
Active
City (Headquarter)
Dublin
Country
Ireland
FTE’s
3
Employees
Funding ($)
$
650000
Phone
+33-647570707
Founder
Founders
Techsegment
Sustainability Sub-Segment
Description
Fortstock is poised to transform global trade finance. We harness the potential of blockchain technology to unlock the estimated $4.6 trillion worth of SME-owned goods residing in warehouses worldwide. Our innovative platform offers real-time, secure, and streamlined warehouse financing, seamlessly connecting borrowers, custodians, and lenders. However, our vision extends far beyond warehouse financing. We aspire to be the "SWIFT of Supply Chain," positioning ourselves as the trusted bridge across every facet of the supply chain. Whether it's facilitating transparent bill of lading processes, ensuring trust in insurance transactions, or anywhere else that demands trust and transparency, Fortstock's technology is poised to revolutionize the world of trade and commerce.
Business Model
B2B Marketplace
Target Customers
First users to be communicated in Q1 2023.
Operating Geographies
United Arab Emirates France

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