Zvilo joins FCI and ITFA as it builds its industry profile in 2025

Important milestone for Zvilo as it continues to scale, reflecting its commitment to advancing financial accessibility and empowerment in markets such as Europe, Türkiye and soon in Middle East and Africa.

Zvilo, the sustainable trade-led digital lender that seeks to unlock capital in developing markets, has become members of two of the world’s leading financial trade associations.

In line with its corporate mission to deliver working capital to those businesses looking to expand in developing markets, Zvilo has joined both the FCI and the International Trade and Forfaiting Association, ITFA.

Mohamad Dabbas, Chief of Staff and Head of Investor Relations, stated: “We are incredibly excited to have been welcomed as members of both these highly respected and influential trade associations as it will support not only our ambition to scale but our passionate goal to make trade finance accessible to all.”

FCI is the Global Representative Body for Factoring and Financing of Open Account Domestic and International Trade Receivables. FCI was set up in 1968 as a non-profit global association. With today close to 400 member companies in more than 90 countries, FCI offers a unique network for cooperation in cross-border factoring. Member transactions represent on average 50% of the world’s international correspondent factoring volume.

The International Trade and Forfaiting Association, ITFA, is the worldwide trade association for companies, financial institutions and intermediaries engaged in global trade, forfaiting, supply chain and receivables financing. and service providers involved in trade risk and asset origination and distribution.

Admir Imani, Chairman of Zvilo, added, “In joining both FCI and ITFA we will be partnering with other financial institutions and various types of intermediaries engaged in trade and forfaiting. We recognise that this is a global industry and as such, requires global collaboration and we are looking forward to actively engaging with both organisations to innovate and provide support and leadership to the market as market participants navigate the new industry challenges, from Geopolitical disruptions to regional trade, such as tariffs, armed conflicts, climate change, and pandemics to accelerating inflation, price volatility, and logistics delays”

Notes to editors

About Zvilo

Zvilo was established to transform both SMEs and corporates in developing markets who need working capital to help grow and expand their businesses both locally and internationally.

Through the support of local business with their trade finance need, Zvilo is also seeing to help reduce the trade finance gap globally.