EMERGING
CEO
HQ: Miami
516-695-4894 • marcofi.com
Marco is addressing the global trade finance gap by providing fast and easy access to liquidity, using its own propriety technology powered by data intelligence to accelerate financing.
Marco has built a financial technology platform and has financed more than $145 million in receivables since inception in January 2021. Marco aims to be an end-to-end solution provider for all SME exporters’ finance needs, pursuing its mission to help SME exporters access liquidity and business intelligence from anywhere in the world.
Marco has automated key components of the value chain and has built its own innovative technology powered by data intelligence to help accelerate financing. It built an underwriting and operations workflow that can enable others to leverage balance sheets in trade finance. The Miami-based company also developed MarcoScan, a proprietary document analysis and recognition technology. The program uses Marco’s neural network model, which can be trained directly on end-to-end data and automate the extraction of key value pairs using machine learning in a less time-consuming manner. This technology is used for expedited data processing for underwriting as well as rapid invoice extraction for client servicing teams.
“Marco is reimagining what trade finance is for small and medium businesses in Latin America and the world. We are leveraging data and technology to give these businesses access to the finances they need to grow and flourish,” Caleb Shoihet, technical lead at Marco, says. “By utilizing data and machine learning algorithms, we can continue to improve how we define risk in the LatAm market, opening up more possibilities for growth in the region. Through our application, we can increase the accessibility to these products throughout, ultimately providing a seamless experience for these SMEs.”
Marco’s new developments are addressing underserved SME exporters by expanding their access to capital in Latin America and the United States.
“Marco is reimagining what trade finance is for small and medium businesses in Latin America and the world.”
