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Pivo

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Challenger bank offering financial services for supply chain SMEs.

Overview

Pivo operates as a commercial challenger bank that focuses on delivering financial services specifically designed for small and medium-sized enterprises (SMEs) in the supply chain sector. The company offers a range of products, which include current accounts, payment solutions, structured working capital loans, and trade finance options. Pivo utilizes a Software as a Service (SaaS) platform to provide access to these financial services, allowing SMEs to manage their cash flow and banking operations. The company collaborates with manufacturing supply chains to improve the financial ecosystem for its SME vendors, providing tools for transaction and expense management. This strategy aims to address the financial challenges that SMEs in the supply chain industry encounter, with the goal of supporting their growth and operational efficiency.

Key facts

Founded
2021

Business model

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About Pivo

What does Pivo do?

Pivo operates as a commercial challenger bank that focuses on delivering financial services specifically designed for small and medium-sized enterprises (SMEs) in the supply chain sector.

Where is Pivo headquartered?

Pivo is headquartered in Middletown, United States.

When was Pivo founded?

Pivo was founded in 2021.

Which sector is Pivo in?

Pivo operates in Digital Banks, part of Financial Technology.

Who are Pivo's competitors?

Companies similar to Pivo include Guava, FIDEM Bank, and EVVA Finanzas.