(4 December 2024 – Europe) Santander has joined forces with Pemberton Asset Management to launch a new venture, Invensa, aimed at revolutionising global inventory management and technology for multinational supply chains.
The joint venture combines Santander’s expertise in trade finance with Pemberton’s capabilities in non-working capital financing. Invensa is designed to address the evolving needs of supply chains, supporting the shift from traditional “just-in-time” models to the more resilient “just-in-case” approach.
José M. Linares, Global Head of Santander Corporate & Investment Banking (CIB) and Senior EVP at Santander, highlights the critical role of Invensa in providing scalable, flexible inventory financing and management solutions: “As a leading bank in the trade and working capital space, it is important for us to offer the full range of solutions to manage the end-to-end working capital of our clients, of which inventory is a very relevant part. We have been facilitating third-party inventory finance solutions for our clients for over 10 years, and this partnership with Pemberton enables us to serve our clients as a long-term partner and deliver an increasingly business-critical solution.”
Invensa aims to empower businesses with operationally efficient inventory management while delivering innovative financing solutions to address modern supply chain challenges. By leveraging the combined strengths of Santander and Pemberton, Invensa’s goal is to cater to the growing demand for flexible and robust inventory solutions, crucial for navigating today’s dynamic global trade landscape.