Crossflow, The Global Working Capital Marketplace - Annual Results
10 September 2024
Illustrating the capability to scale fintech positively, Magda Rozczka, CEO of Crossflow, the working capital marketplace, shares the latest update that Crossflow has achieved breakthrough results in the year ending March 2024 as follows:
Revenue increase 361% from £7.96m to £28.76m
Profitability improvement from prior year loss of £886k to profit of £4.77m
Crossflow is an AI driven working capital marketplace helping global businesses and their suppliers to seamlessly connect with institutional funders enabling access to global pools of working capital. This access to capital strengthens corporate supply chains, reducing risk and in parallel enables delivery of ESG investment.
Crossflow works with international banks, hedge funds and family offices to provide access to sources of diversified funding.
Crossflow is ranked No 1 B2B Fintech in the Financial Times' list of 1,000 fastest growing company in Europe and is also a member of the London Stock Exchange ELITE Program which helps companies to structure corporate governance at an early stage as a key path to an IPO.
