Satago 38

Founded in 2012, Satago’s ethos remains unchanged - to help businesses focus on their core competencies - by taking control of their cash flow.

We’ve made it our mission to provide a software-agnostic, industry-leading, end-to-end solution that answers the cash flow needs of any business, regardless of size, industry, or ambition.

Today, Satago works with both businesses - and the accountants who advise them - to avoid credit risks, improve debtor management and access invoice finance when they need it – all within one platform.

Satago integrates with 300+ cloud accounting apps in one click, helping businesses:

• Get paid on time - with automated invoice chasing

• Protect against bad debt- with real time credit risk insights

• Access working capital when needed - with flexible invoice finance.

Where inefficient, manual credit control once existed, Satago built an automated platform that radically improves debtor day numbers, reducing them by up to 72%.

Our Risk Insights tool integrates into Companies House and a Credit Bureau Agency via API, allowing customers to pull full and basic credit reports and receive realtime notifications on changes in credit score, breaches or overdue invoices.

Our Invoice Finance feature brings the Invoice Finance concept into the digital era. Satago remains the only Invoice Finance UK provider offering both full and single invoice finance in a seamlessly interchangeable package.

We’re the first to offer a complete Lending as a Service (LaaS) platform for invoice finance in the UK, a fully digitised end to end solution, launched and piloted with strategic partners including Sage and a leading UK bank.

Our partnership with Sage expands their existing product range to include Invoice Financing as an embedded option to their customers. This is the first of its kind in the UK; a truly embedded Invoice Finance platform delivered through an Accounting Software Provider.

Satago is also integrating our entire technology stack into a leading UK commercial bank. This will remove the traditional barriers and intricacies of invoice finance to allow UK SMEs leverage their debtor book in a seamless fashion.

These partnerships underpin our mission to revolutionise invoice finance, and make it accessible to all, regardless of size or sector.

Swoop is a business funding and savings platform enabling businesses to discover the right funding solutions across loans, equity and grants, and to identify and easily make savings - all in one fell swoop.

Founded in 2018, the AngloIrish company grew through the pandemic by giving businesses access to government help via the CBILS and RLS initiatives. As part of the leadership’s ambitious growth strategy, offices have also opened up in Sydney, Australia and Toronto, Canada, with further plans for expansion in 2023.

Since the end of lockdowns,

Swoop has also grown its capabilities in helping business owners sell equity in their companies, built a first class commercial mortgage team and launched Swoop for Brokers and Swoop for Advisors, giving financial professionals the tools to serve their clients better in a digital age.

Swoop works with over 1,000 funding providers from mainstream banks, alternative lenders, venture capital funds, SEIS/EIS funds, angel investors and grant agencies, meaning that whatever your funding requirement, Swoop is able to offer a solution.

The company uses open banking technology to show customers potential savings on products such as banking, foreign exchange, utilities, and insurance. All of this is done automatically through bespoke technology coupled with Swoop’s team of experts.

Highlights include CEO and cofounder Andrea Reynolds being named one of Success Pitchers magazine’s Most Successful Business Women to Watch in 2022; being awarded £7.5m in grants by the Banking Competition Remedies (BCR) scheme; named in the “Hot Ten” list for the Global Fintech 50 for 2019 and Winner: New Statesman Positive Impact on the High Street Award 2022.

ORB X has created a platform which combines its own private built applications with human intelligence to reduce the complexity for brands seeking to scale eCommerce and merchandise initiatives globally. The results are a reduction in operating cost and increased conversion.

Incorporated in the heart of London’s Smithfield Market in July 2019, ORB X has gone from zero to £8m turnover in a flash, supporting brands including INEOS Automotive, British Gymnastics, Jo Malone and GSK, to deliver operational excellence in strategic sourcing and eCommerce. ORB X is proud to be a foundation member of the Ethical Trading Institute, a member of SEDEX and has been awarded Ecovardis status.

ORB X exists simply to make eCommerce easier in a complex world. There are many reasons why a brand may struggle to scale their eCommerce operation from the cost of goods to high final-mile charges, from product design to supplier sourcing, from product safety to quality control, from poor user experience to low web-shop engagement…the list goes on.

ORB X technology is underpinned by its proprietary THINK, MAKE, SELL, MANAGE methodology. The principle is simple, we have all the skills in-house to help clients plan and implement their entire eCommerce operation. Once live, we implement the relevant applications to drive traffic, sales conversion and retention. Where required, we can then shift and change the resource and fee structure, reducing operating cost whilst increasing profitability.

After 6 months of incorporation, ORB X won global projects supporting Estee Lauder,

Unilever and Ren Skincare, with international supply chain projects which require strategic knowledge of merchandise manufacture, ethical compliance, quality control and global fulfilment. On the back of this, ORB X was approached by Thomas Cook seeking a global partner to outsource a £1m per annum kids club operation. This was a game changer for ORB X.

After reading the Thomas Cook RFP, we noticed we were only being asked to manage half of the entire project. When asked, the client had assumed that we did not have the capability in-house to manage the whole initiative. Over 6 long months, we took the opportunity to show the client we could manage the entire project end-toend as a one-stop-solution. We demonstrated we could deliver a much wider scope including the full design and build of the global webshop, merchandise concept, design, manufacture, compliance, quality control, photography, copywriting, language versioning, marketing performance, global distribution, order management, 24/7 customer services and final mile delivery including the management of all duties and taxes.

Over the last 24 months, ORB X has converted similar projects with INEOS Automotive, British Gymnastics, FitXR and Phil Smith Haircare. It had become clear that there are many brands who have a fantastic opportunity to benefit from eCommerce but do not have the operational ability to implement a scalable model. Our application-based technology platform works with both Shopify and other open-source platforms to allow brands to manage global expansion without the need to hire global logistics, accountants, or customs experts.

In the last 6 months, ORB X has been super-charged working with several global brands, one of which has used the ORB X platform to deliver a global employee programme allowing over 70,000 employees in 258 locations to engage with a major rebrand. Over 500,000kgs of plastic was removed from the oceans as a result.

This year, ORB X continues to evolve its proprietary technology offering with a focus on enabling ethical commerce. In June 2023, we will launch version 2 of our technology platform to incorporate applications which manage the virtualisation of merchandise and charitable donations, ocean plastics supply chain management, global recommerce and branded-ondemand product sourcing.