Startups > 40Seas

40Seas

40Seas enables exporters and importers to optimize cash flow through instant payouts and deferred payments.

Debt Financing $117M total Founded 2022 Tel Aviv, Tel Aviv 13 employees

40Seas is an AI-powered platform automating customer-to-cash workflows for cross-border trade, combining intelligent KYB, onboarding, credit management, multi-currency payments, and accounts receivable in one workspace. It enables exporters to get paid immediately upon shipment while offering importers deferred payment options (B2B BNPL) to improve working capital. The platform uses data-driven technology to automate credit decisions and trade financing without traditional credit risk.

Problem solved

Exporters struggle with delayed payment and working capital gaps after shipment, while importers need flexible payment terms without consuming credit lines or tying up cash reserves.

Target customer

SME exporters and importers, logistics companies, and trade finance platforms seeking to automate cross-border payments, accounts receivable, and working capital optimization.

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Founders

Eyal Moldovan

Co-Founder & Former CEO

Former General Manager at Payoneer where he scaled the SMB unit to 300 employees and $25B annual payment volume; 15+ years in fintech and e-commerce; BS in Industrial Engineering from Tel Aviv University.

Gil Shiff

Co-Founder & COO

Co-founder of ConvertMedia (acquired by Taboola); operations and scaling expertise.

Suki Gao

Co-Founder & GM of 40Seas China

Former executive at PayPal, Payoneer, and Ant Group; deep fintech and cross-border payments experience.

Igor Zaks

Co-Founder & Chief Risk Officer

Former executive at Dell, Citibank, Daiwa, and Commerzbank; specialized in credit risk and financial services.

Or Kapelinsky

CEO (as of August 2025)

Former CEO of iForex, General Manager of Personal Finance at Investing.com, co-founder and COO of TenureX; nearly two decades in fintech and SaaS leadership; led EMEA sales at Amdocs.

Asaf Halfon

Chief Technology Officer (as of August 2025)

Appointed CTO effective August 2025.

Funding history

Seed $11M January 10, 2023 Led by Team8 · ZIM Integrated Shipping Services

Seed Extension $6M August 2023 Led by Multiple · Eminence Ventures, QED Investors, Team8, ZIM Integrated Shipping Services

Credit Facility $100M January 10, 2023 Led by ZIM Integrated Shipping Services · Three-year revolving credit facility; option to extend to $200M

Total raised: $117M

Industries

FinTech

Pricing

Not publicly available. The company charges transaction fees on financing and payment processing services.

Notable customers

NextSmartShip (documented partnership)

Integrations

Unknown (not publicly disclosed)

Tech stack

Swiper (JavaScript libraries) jQuery (JavaScript libraries) core-js (JavaScript libraries) Vimeo (Video players) Open Graph LottieFiles Linkedin Insight Tag (Analytics) Google Analytics (Analytics) Facebook Pixel (Analytics) Google Font API (Font scripts) Google Workspace (Email) jQuery CDN (CDN) Google Hosted Libraries (CDN) jsDelivr (CDN) Linkedin Ads (Advertising) Webflow (Page builders) GoDaddy (Hosting) Weglot (Translation)

Website

40seas.com/

Competitors

Stripe Capital

Broader fintech infrastructure platform; less specialized in cross-border trade financing.

Affirm

B2C buy-now-pay-later focus; 40Seas targets B2B trade and exporters/importers specifically.

TradeLens / Marco Polo

Blockchain-based trade finance platforms; 40Seas focuses on AI-driven automation and immediate payouts.

TradeShift

Broader supply chain finance platform; 40Seas more specialized in cross-border payment automation.

Why this matters: 40Seas addresses a critical pain point in cross-border trade—exporters waiting weeks for payment while importers struggle with cash flow—by combining immediate payouts, deferred payments, and AI-driven credit automation. With $117M in funding (including a $100M credit facility from ZIM, a major shipping company) and founder expertise from Payoneer, Ant Group, and major banks, it's well-positioned to reshape how SMEs finance international trade.

Best for: SME exporters and importers who need immediate payment upon shipment, automated credit decisions, and flexible payment terms to optimize working capital without traditional financing friction.

Use cases

Immediate Exporter Payouts

An exporter ships goods internationally but traditionally waits 30-90 days for payment. 40Seas enables them to receive payment immediately upon shipment, freeing up cash to start the next production cycle without waiting for importer payment or using expensive short-term credit.

Importer Deferred Payments

An importer needs inventory but has limited working capital. 40Seas offers 30-90 day payment terms without consuming credit lines, allowing the importer to receive goods, sell them, and pay from revenue while preserving credit capacity for growth.

Automated Accounts Receivable

A company managing dozens of invoices struggles with manual reconciliation and credit risk. 40Seas centralizes invoice data, automates reconciliation, and uses AI to approve extended payment terms (up to 90 days) without increasing default risk.

Trade Insurance & Compliance

Exporters need to manage trade insurance policies, track live coverage, and maintain compliance. 40Seas provides an automated platform to centralize policies, verify coverage, and manage credit lines in compliance with trade regulations.

Alternatives

Stripe Capital Broader fintech infrastructure with merchant cash advances; less specialized in cross-border trade and exporter/importer payment cycles.

Kyriba Enterprise-grade treasury and trade finance platform; better for large multinationals; more expensive and complex than 40Seas' SME-focused automation.

TradeShift Supply chain finance and supplier network platform; broader scope but less specialized in immediate cross-border exporter payouts.

FAQ

What does 40Seas do? +

40Seas is an AI-powered platform that automates customer-to-cash workflows for cross-border trade. It enables exporters to get paid immediately upon shipment and offers importers flexible, deferred payment options to improve working capital. The platform also handles KYB, credit management, multi-currency payments, accounts receivable, and trade insurance in one workspace.

How much does 40Seas cost? +

Pricing is not publicly available. 40Seas charges transaction fees on financing and payment services. Contact the company for custom pricing based on your transaction volume and use case.

Who should use 40Seas? +

SME exporters and importers, logistics companies, and trade finance platforms that need to optimize cash flow, automate credit decisions, and streamline cross-border payments without traditional financing complexity.

How does 40Seas compare to Stripe Capital? +

Stripe Capital is a broader merchant financing tool for businesses of any type. 40Seas is specialized for cross-border trade, specifically helping exporters get paid immediately and importers defer payments. 40Seas is more tailored to international B2B trade workflows.

What are the key features? +

Key features include B2B buy-now-pay-later (exporter immediate payouts / importer deferred payments), automated KYB and onboarding, AI-driven credit decisions, multi-currency payments, accounts receivable automation, trade insurance management, and up to 90-day payment terms without credit risk.