Corporate Finance, DeFi, Blockchain, Web3 News
Corporate Finance, DeFi, Blockchain News

Demica enhances origination team

Demica, the specialist provider of working capital solutions to major corporates and banks is pleased to announce that it continues to build out its origination team with further multi-jurisdictional hires. Demica has appointed Angel Blanco as Origination Director, Enrique Jimenez as Senior Supply Chain Finance Origination Director and Marc Wolf as Origination Director.


As Origination Director, Angel Blanco has responsibility for originating receivables finance, trade receivables securitisations and supply chain finance programs mainly for Spanish and Portuguese multinational corporates and financial institutions. As part of Demica’s commitment to offering in-market accessibility to its clients, he will be co-located in Spain and London.

Angel joins Demica from Santander Global Banking and Markets where he was most recently Head of Receivables – Executive Director - responsible globally for the origination, structuring and execution of structured trade and receivable finance transactions.

Enrique Jimenez joins Demica as Senior Supply Chain Finance Origination Director. In addition to seeking receivables securitisation opportunities, Enrique will focus on originating and building supply chain finance programs across Europe. This builds on Demica’s recent significant investment in its technology platform to support non-investment grade clients and their large number of smaller, cross-border suppliers. Enrique is based in London, with broad geographic coverage responsibilities.

Enrique was previously at Santander where he most recently held the position of Head of Supply Chain Finance and Trade and was a member of the Executive Committee of Santander GTB Continental Europe.

Marc Wolf joins Demica as Origination Director, with responsibility for originating receivables securitisation and supply chain finance programs for German and multinational corporates, and financial institutions. Marc is based in London with Northern European coverage responsibilities

Marc previously held the position of Executive Director – Securitisation at Crédit Agricole Corporate and Investment Bank, where he was responsible for the origination and structuring of trade receivables transactions for European corporate clients, particularly in Germany.

All three will report to Tim Davies, Head of Origination.

Commenting on the appointments, Tim Davies said, “We have been aggressively growing our origination team over the last year as we work with existing and new clients to find solutions for their working capital requirements. We announced recently that we’ve been mandated for over $1bn of new live transactions and with Angel, Enrique and Marc on board we look forward to continuing to grow this number.”

These appointments reflect ongoing growth for Demica since it was purchased by a private equity-led consortium in 2014. Since then the firm has hired a significant number of key people including in management, origination and structuring.

About Demica
Demica is a recognised leader in providing working capital solutions to multinational corporate clients, uniquely providing both receivables and payables programmes. Purchased by a group of private equity investors in 2014, Demica has transformed from technology provider to financing partner and end-to-end solutions provider. Using its proprietary platform to allow clients to automate transactions while derisking them for investors, it currently enables the financing of over $50 billion of trade receivables per year for companies requiring facilities of $50mm to $750mm+. Based in London, Demica works with clients all over the world, across industries and sectors.

Les médias du groupe Finyear


Mardi 19 Juillet 2016




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