08 Dec Event Recap: Cash is King!
ICT & LOGISTICS EVENT
On Thursday November 30th, Logistics and FinTech (LOFT) was present at the ICT & Logistiek event at the Jaarbeurs in Utrecht. Each year, the event brings relevant stakeholders from all areas of the logistics industry together in a 3-day trade fair. It offers an opportunity for companies to showcase their solutions and for experts to share their knowledge. Undoubtedly, it’s a fertile environment for new business partnerships and ideas. At the event, we ran into a number of interesting companies focused on the intersection of fintech with logistics, some of which we shall highlight for you below.
Fast and efficient cargo loading and offloading with Collect + Go
First up is Collect + Go. 2 years ago, co-founder and director of the logistics platform, Hans Togtema, realized how inefficient and cumbersome truck drivers’ paper processes were. Together with other co-founder Jos van Haaren, Hans set-up a platform for the issuance of cargo documents to truck drivers, thus removing the hassle around physical documents. With Collect + Go’s platform, logistics companies can communicate to contracted logistic service providers and charters in a single process. All parties involved in in the supply chain can track&trace the cargo and the paper process is made redundant. Using the platform, companies can issue cargo information and related documents to their truck drivers, cutting up to 10 minutes off every loading and offloading moment.
Working without invoices using Storecove
In 2014, Storecove’s founders, Dolf Kars, Michael Riviera and Willem Stemfoort, saw how a lot of companies struggled with the often-tedious process of handling incoming and outgoing invoices. The founders saw the opportunity to simplify and speed up the invoicing process, resulting in the simple, quick, and safe solution called Storecove. “Storecove is designed for accountants as well as for companies. The light and safe SaaS-solution connects invoice sending and receiving companies, accountancy firms, accountancy software providers and the government’s Peppol-network. This way, we help thousands of companies and accountancy firms to perform fast and efficient invoicing”, Dolf Kars explained.
Money for growth made possible by NPEX
It’s well known that raising capital can be difficult, especially for smaller companies. NPEX offers a solution for this gap in the market by providing a platform through which SMEs can raise growth capital by issuing shares or bonds. “With NPEX, up to now companies have raised a combined amount of almost EUR 50 million. Our platform gives companies, who adhere to a minimum quality standard, the opportunity to secure growth financing in a relative short amount of time. This frees up time and energy for these companies to focus on the future”, says Stephan Roes, director New Business at NPEX.