Supply@Me expects to close first self-funding deal this quarter says CEO Zamboni

Alessandro Zamboni, chief executive of stock funding platform Supply@Me Capital PLC (LON:SYME), explains that setting up a self-funding option for lenders is a way of accelerating its expansion. Talks are underway with two banks in Italy over a self-funding agreement with a first expected to be closed this quarter. This is likely to mean it achieves its target for companies on the platform four years ahead of schedule. Supply@Me is also making its first moves outside of Italy says Zamboni with talks about a pilot in the UK before the year-end advancing while it is exploring a move into the US alongside other areas outside Europe. Zamboni also explains how the company generates revenues through a 2% upfront charge.