Ledemian is an early stage startup focusing on efficiencies in B2B cross-border payments.
McKinsey and SWIFT estimate the annual B2B cross-border payments revenues (i.e. costs to businesses) at $106 bn, comprised of FX and Fees. The segment is dominated by banks. Major portion of this figure are losses due to process inefficiencies and non-transparent pricing by banks. As role of a treasurer has evolved into more a strategic one, the type of risks and focus has evolved to cover headline risks (cyber, regulatory, economic, audit, etc). In the space of FX risk management, it is managing currency risk as it can have a material impact on earnings. At the same time, due to resource scarcity, treasurers have become more reliant on consultants and banks, two aggregators of best practices, to assist them in overall treasury management. Consultants are expensive and slow, while banks are conflicted and can't offer impartial advice. This is where Ledemian can deliver value to corporate client...
Ledemian is an early stage startup focusing on efficiencies in B2B cross-border payments.
McKinsey and SWIFT estimate the annual B2B cross-border payments revenues (i.e. costs to businesses) at $106 bn, comprised of FX and Fees. The segment is dominated by banks. Major portion of this figure are losses due to process inefficiencies and non-transparent pricing by banks. As role of a treasurer has evolved into more a strategic one, the type of risks and focus has evolved to cover headline risks (cyber, regulatory, economic, audit, etc). In the space of FX risk management, it is managing currency risk as it can have a material impact on earnings. At the same time, due to resource scarcity, treasurers have become more reliant on consultants and banks, two aggregators of best practices, to assist them in overall treasury management. Consultants are expensive and slow, while banks are conflicted and can't offer impartial advice. This is where Ledemian can deliver value to corporate clients instantly, impartially and cost efficiently.

Ledemian has developed a treasury application, FX Vision, which employs big data analytics and rules-based artificial intelligence to help companies reduce FX and Fee costs associated with cross-border payments. To use an analogy, it is a 'health-check' of treasury processes with diagnostic test results and instant remedial advice. FX Vision has a potential to disrupt B2B cross-border payments market if delivered on scale. The scale is to be delivered by a partner, itself a provider in treasury services ecosystem (FinTech B2B payments provider, ERP provider, TMS provider, specialist Cash & FX providers, etc). One potential type of FX vision deployment is as an AI assistant, which alerts clients to inefficient processes.
We are embarking on the next stage of app development, including the advanced AI/ML functionality and payment method advisory, which will add further value to business clients.
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Employees

Dejan Miladinovic
Admin
Dejan Miladinovic Founder Experienced payments professional ready to disrupt $106bn cross-border B2B payments market