PrimaTrade
PrimaTrade is a UK-based enterprise supply chain finance platform that digitises supplier shipping documents to enable early payment at shipment. It serves enterprise CFOs, treasurers, multinationals, and SMEs across 40 countries with a six-module platform on Azure micro-services.
- Company typePrivate
- Founded2022
- HeadquartersGuildford, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What PrimaTrade does
PrimaTrade Systems Limited is a privately held UK enterprise supply chain finance (SCF) company, founded in 2022 and headquartered in Guildford, Surrey. The firm has built a six-module cloud platform anchored by its proprietary "Cash Against Data" methodology, which enables enterprise buyers to pay suppliers at the moment of shipment using digitized supplier shipping documents, capturing early-payment discounts that are typically realized by banks or card programmes. The platform targets enterprise CFOs, corporate treasurers, multinational corporations and SMEs seeking to extend SCF programmes beyond the typical 5-20 supplier reach into the long tail and difficult jurisdictions.
The technology stack comprises six integrated components: PrimaShip for document digitisation, PrimaESG for ESG and origin-compliance documentation, PrimaMatch for purchase-order-to-shipping-document matching, PrimaApprove for automated invoice approval, PrimaEarlyPay for buyer-funded early payments, and PrimaSCF for funded SCF combined with third-party financiers. These modules are delivered as a multi-tenant cloud platform built on a micro-services architecture with distributed processing, clustering and containerisation, hosted on Microsoft Azure with encryption, firewall controls and Azure Active Directory access in the UK South region. The platform won the ICC Digital Trade Award and reports over $1 billion in cumulative supplier-data flows processed for 500+ companies across 40 countries.
Commercially, PrimaTrade monetises via transaction fees and discount capture on funded SCF arrangements, while allowing buyers to retain existing funder platforms and ERPs to minimise IT disruption. Direct enterprise field sales targeting CFOs and treasurers, supplemented by a Calendly-driven consultation booking flow, content marketing, and the SCF Compare App (an interactive traditional-vs-PrimaTrade economics calculator), is the primary go-to-market. The company is privately held with no disclosed institutional venture or private-equity investors identified in the available data; total disclosed funding across two early rounds is approximately $1.27 million, and headcount is reported in the 11-50 range.
PrimaTrade firmographics
Firmographics- Name
- PrimaTrade
- Legal name
- PrimaTrade Systems Limited
- Website
- https://prima.trade
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- PrimaTrade is a UK-based enterprise supply chain finance platform that digitises supplier shipping documents to enable early payment at shipment. It serves enterprise CFOs, treasurers, multinationals, and SMEs across 40 countries with a six-module platform on Azure micro-services.
- Ownership category
- akta.pro rank
PrimaTrade industry classification
Industry- Product category
- Supply Chain Finance Software
- NAICS
- Sales Financing (52222)
- SIC
- Finance Lessors (6172)
- akta.pro primary industry
- Supply Chain Finance (Trade Credit, PO/Inventory Financing) (FSAKAGAE)
- akta.pro secondary industries
- B2B / Invoice-Based BNPL (Trade Credit at Checkout) (FSAGAIAC), Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)
Keywords
Where PrimaTrade is headquartered
LocationHeadquarters
- HQ city
- Guildford
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
PrimaTrade business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- Supply Chain Finance Platform Fees: Platform generates revenue through supply chain finance transactions, enabling buyers to collect early payment discounts from suppliers. Buyers save 1%+ on sourcing via supplier discounts for automated, instant, funded payments at shipment. The platform monetises supplier savings through discount collection.
- SCF Programme Enhancement: Revenue generated by extending and enhancing existing SCF programmes without changing funder platforms. Minimal investment or upfront costs with no IT project required.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
PrimaTrade product offering
Product offeringCore offering
PrimaTrade is an Enterprise SaaS/PaaS platform for financial supply chains built around its proprietary 'Cash Against Data' product. The platform digitises supplier shipping documents, automates PO matching and invoice approval, and enables early payments to suppliers at shipment through both buyer-funded liquidity (PrimaEarlyPay) and third-party SCF funding (PrimaSCF). It connects buyers, suppliers and financiers in a networked environment, supporting ESG compliance, e-invoicing, and reach to long-tail suppliers across 40 countries.
Product overview
PrimaTrade offers a single unified platform built around its 'Cash Against Data' product for financial supply chains. The platform comprises six integrated components: PrimaShip (document digitisation and collection), PrimaESG (ESG compliance documentation), PrimaMatch (PO matching), PrimaApprove (automated invoice approval), PrimaEarlyPay (buyer-funded early payments), and PrimaSCF (financier-funded supply chain finance). These components work together as a networked environment connecting suppliers, buyers, and financiers, enabling suppliers to be paid instantly at shipment based on digitised data. An auxiliary tool, the SCF Compare App, allows prospective clients to model economic outcomes comparing PrimaTrade SCF versus traditional SCF programmes.
Differentiator
Problem solved
Functional benefit
Products and services
- PrimaShip Document digitisation platform that enables suppliers to be asked for a dynamically generated list of required shipping documents each time they ship or deliver goods. Suppliers upload and digitise their documents which are automatically assessed for both buyer and supplier. Designed for enterprise buyers and their suppliers across 40 countries.
- PrimaESG ESG compliance module that expands the required document list to include proof of source and proof of claim documents needed to prove to customs and regulators that imported goods have the right credentials for ESG compliance, collecting and evidencing ESG characteristics at product or SKU level. Built for enterprise procurement and supply chain teams needing ESG regulatory compliance.
- PrimaMatch Analytical engine enabling suppliers to match purchase orders against shipping documents, supporting automated approval of invoices for payment at shipment. Used by enterprise finance and procurement teams to automate the PO-to-invoice matching process.
- PrimaApprove Analytical engine that enables automated approval of invoices for payment at shipment by working in conjunction with PrimaMatch, replicating procure-to-pay ERP functionality without significant costs. Designed for enterprise AP automation.
- PrimaEarlyPay Uses the buyer's own liquidity to pay suppliers early, pushing cash through the supply chain in advance of invoice due dates at shipment. Built for enterprise buyers seeking to optimise working capital and capture early payment discounts without third-party funders.
- PrimaSCF Funded supply chain finance solution that can be combined with PrimaEarlyPay to maximise buyer savings. Connects suppliers, buyers, and financiers to handle shipping documents, invoice approvals, ESG compliance and payments, serving enterprise treasurers seeking funded SCF programmes.
- Cash Against Data Core proprietary product concept that enables CFOs and treasurers to access supplier finance powered by supplier data, allowing early payments at shipment. Delivers 1%+ savings on sourcing via supplier discounts and integrates digitised shipment data into the financial supply chain. Targeted at enterprise CFOs and Corporate Treasurers.
- SCF Compare App Calculator application enabling CFOs and treasurers to compare a PrimaTrade SCF programme with a traditional SCF programme, adjusting input parameters to reflect the company's procurement profile and current or potential SCF arrangements and card payment programme. Outputs recurring annual economic value, free cash flow generated, SCF outstanding balance, and number of suppliers using SCF for both traditional and PrimaTrade models.
Quantifiable outcome
- 1%+ savings on sourcing via supplier discounts
- +3 more outcomes
Companies that use PrimaTrade
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
PrimaTrade technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
PrimaTrade partnerships and signals
Strategic signalScale indicators7 records
Recent moves6 records
Expansion highlights5 records
PrimaTrade competitors and assessment
Company assessmentDirect peers
- Demica: Demica is a supply chain finance and working capital platform founded by PrimaTrade's founder Tim Nicolle. It offers invoice discounting, receivables finance and SCF programmes for corporates and banks — a direct, near-clone competitor in the same SCF category.
- Taulia: Taulia (acquired by SAP) is a leading supply chain finance and early payment platform connecting buyers, suppliers and funders via deep ERP integration. It is the closest large-scale direct peer competing for enterprise SCF programmes.
- C2FO: C2FO operates the world's largest B2B working capital and early payment marketplace, allowing suppliers to accelerate receivables and buyers to capture dynamic discounting. It competes head-to-head with PrimaTrade's PrimaEarlyPay and PrimaSCF offerings.
- PrimeRevenue: PrimeRevenue is a long-standing global supply chain finance platform offering multi-bank funded programmes, supplier onboarding and analytics. It competes directly with PrimaTrade for enterprise SCF mandates.
- Komgo: Komgo is a digital trade finance platform used by major banks and corporates, building networked infrastructure for trade and commodity finance. PrimaTrade's CEO was formerly CFO at Komgo, making it a closely overlapping competitor in digitised trade finance.
- Tradeshift: Tradeshift is a digital trade and supply chain finance platform combining e-invoicing, supplier onboarding and SCF marketplace functionality. It targets the same enterprise CFO and treasury buyer persona as PrimaTrade.
- Marco Polo Network: Marco Polo Network is a blockchain-enabled trade and supply chain finance platform connecting corporates, banks and trading partners. It is a direct peer in digitised SCF infrastructure serving enterprise treasuries.
Broad incumbents
- Kyriba: Kyriba is a large enterprise treasury management platform offering cash, payments, risk and working capital modules including SCF enablement. It is a broad incumbent that overlaps with PrimaTrade's CFO/treasury buyer segment via a wider product portfolio.
Regional players
- Linklogis: Linklogis is a leading China-based supply chain finance technology platform serving banks and corporates across Asia. It is a regional peer in the same SCF technology category with limited overlap in PrimaTrade's UK/Europe-centric markets.
Emerging players
- Resolve: Resolve is a B2B trade credit and payment platform focused on automating credit decisions and supplier financing for mid-market buyers. It is an emerging player with partial overlap in the supplier-finance and early-payment problem space PrimaTrade addresses.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
PrimaTrade social profiles
Digital presencePrimaTrade financial estimates
Financial estimateRevenue estimate
Valuation estimate
PrimaTrade leadership team
Management profileNumber of profiles
Profiles1 record
PrimaTrade funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PrimaTrade M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PrimaTrade
What does PrimaTrade do?
PrimaTrade is an Enterprise SaaS/PaaS platform for financial supply chains built around its proprietary 'Cash Against Data' product. The platform digitises supplier shipping documents, automates PO matching and invoice approval, and enables early payments to suppliers at shipment through both buyer-funded liquidity (PrimaEarlyPay) and third-party SCF funding (PrimaSCF). It connects buyers, suppliers and financiers in a networked environment, supporting ESG compliance, e-invoicing, and reach to long-tail suppliers across 40 countries.
Is PrimaTrade a public or private company?
PrimaTrade is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was PrimaTrade founded?
PrimaTrade was founded in 2022. It employs 11 to 50 people.
Where is PrimaTrade based?
PrimaTrade is headquartered in Guildford, United Kingdom, in the Europe region.
How does PrimaTrade make money?
Two revenue lines are on record. Supply Chain Finance Platform Fees are the primary driver. The others are SCF Programme Enhancement.
Who are PrimaTrade's main competitors?
Direct peers on record are Demica, Taulia, C2FO, PrimeRevenue, Komgo, Tradeshift and Marco Polo Network. Kyriba is listed as a broad incumbent. Linklogis is listed as a regional player. Resolve is listed as an emerging player.
Does PrimaTrade have an API?
No public API is recorded for PrimaTrade.
What industry is PrimaTrade in?
PrimaTrade's product category is Supply Chain Finance Software. Its primary akta.pro industry code is FSAKAGAE, Supply Chain Finance (Trade Credit, PO/Inventory Financing), with a secondary code of FSAGAIAC, B2B / Invoice-Based BNPL (Trade Credit at Checkout). Its NAICS code is 52222 and its SIC code is 6172.