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▶ 0:59 · Fintech · Purchase-order financing at scale creates new asset class with near-zero defaults in emerging markets
episode briefing
itnig

Han financiado 1.000M$ sin una sola pérdida | Twinco Capital

2026-07-09 · 2 company · 5 thematic
sentiment
2 bull0 bear0 neu
speakers
sandra nolasco

Former Santander executive (equities, strategic investments, project finance in energy/infrastructure) who joined Twinco to combine technology innovation with social impact in emerging-market manufacturing finance. Portuguese background, experience at Fortis Bank in commodity finance.

carmen marín

Former BBVA international trade finance executive (commodities, project finance, supply chain finance) who left to build Twinco, a purchase-order financing platform for emerging-market manufacturers. 20+ years in trade finance.

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Purchase-order financing at scale creates new asset class with near-zero defaults in emerging markets
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Real-time supply-chain transaction data replaces financial statements for credit underwriting in opaque markets
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Sustainability criteria function as leading credit-risk indicators in supply-chain finance
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First purchase-order securitization unlocks institutional capital for emerging-market manufacturing
Structuring purchase-order receivables into an EU-regulated SPV with first-loss equity from the originator and senior debt from Santander transforms fragmented trade receivables into invest…
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