STACK THE ODDS IN FAVOUR
OF YOUR BUSINESS
LC LITE is an integrated alternative
to bank-managed letters of credit
ABOUT
LC LITE PLATFORM
LC LITE is an upgrade to a system that’s long overdue. We directly connect importers and exporters via an integrated ecosystem consolidating transactions safely and efficiently across the entire supply chain.
LC LITE UNIT OF EXCHANGE
LC Lite trading mechanism enables profit from LC Lite unit of exchange at each transaction cycle, opening this large industry to new opportunities.
FEATURES
ALL TRADE PARTIES
All transactions are consolidated into SMART contracts, making business cheaper, faster and more secure.
IMPORTER – BUYER
Release of payment to the exporter only if shipped goods are in accordance with the LC Smart contract.
EXPORTER – SUPPLIER
The Solution facilitates on-time payment to the exporter for shipped goods, including early funding options.
INVESTORS
The LC Lite unit of exchange has a strong potential for organic growth as it has real intrinsic value fuelled by a global LC demand of $2.3 trillion.
BENEFITS
1. MARKET
Demand for unit of exchange organically driven by an industry worth USD 2.3 trillion.
2. FASTER TRANSACTIONS
Rapid transaction processing with shorter validation time.
3. PROFITABILITY
Opportunities of increased returns for buyers, suppliers and investors.
4. SECURITY
Enhanced security reduces risk of double financing and disputes.
Check out our video:
PROCESS
1. Smart contract agreement
2. Payment Guarantee Allocation
3. Expedition of goods
4. Payment released
5. Goods ownership transfer confirmed
TEAM
Jean Charles Devin
Co Founder
14 years experience in asset management and private equity.
Master of science in statistics applied to finance and a Master on engineering mathematics.
Morgan Terigi
Co Founder
Mechanical engineering and HEC Paris graduated.
19 years experience as an entrepreneur in international Import-Export Trading & Manufacturing.
Co Founder of Incomlend.
Nieves Garcia
Finance Manager
Bachelor in Business Sciences.
15 years experience in Accounting, Auditing and Finance with Europe and America.
Duncan Klein
Managing Director
Bachelor in International Business Administration.
27 years experience in Finance split 6 years in Fintech and 21 years at J.P. Morgan.
Pierre Petesch
Head of IT
Bachelor in Industrial Computer Science, Networks and Telecommunications.
14 years experience specialised in the financial sector facilitating business processes, strategic objectives and innovative platforms.
CONTACT