César Vial - Kresus
Kresus is first
and foremost the story of two friends who met at school nearly 13 years
ago.
César Vial started his career in the energy renovation of buildings after a double degree in business and engineering. Having noticed a strong seasonality in his cash flow, he sent an excel file to his customers recording daily discount rates when his company needed cash. César sent the same file template to his suppliers when he was in excess of cash position in order to significantly increase his margins while offering an early collection option to his suppliers. Despite its artisanal formalism, the adoption of this practice was at the heart of his discussions with his lifelong friend.
Haris Mebarki, Former Finance Manager from the banking world, Haris decided to discover the corporate world by joining an international consulting firm in Geneva as the CFO's right-hand man. At the beginning of 2020, in the midst of lockdown, they decided to start the Kresus adventure together with the objective of disintermediating the financing and investment of corporate cash flow through early payment and discounting.