Supply Chain Digital Magazine November 2023 | Page 34

Futu Holdings
PennyMac Financial Services

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Futu Holdings

Annual revenue increase : 37 % CEO : Leaf Hua Li
Futu Holdings is an advanced fintech company upgrading the investing experience by offering fully digitalized financial services in multiple markets .
It offers market data , financial news , interactive social features , and investor education on its proprietary onestop digital platforms , Futubull and moomoo .
Fintech companies such as Futu are streamlining payments through digital technology , making it easier and more cost-effective for businesses to manage their supply chains .

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PennyMac Financial Services

Annual revenue increase : 40 %
CEO : David A . Spector
CREDIT : PENNYMAC FINANCIAL SERVICES
CREDIT : FUTU HOLDINGS
PennyMac is an American residential mortgage company headquartered in California . Its core business is the production and servicing of US mortgage loans and the management of investments related to the US mortgage market . It was founded in 2008 , during the subprime mortgage crisis .
Supply chain management in the financial sector involves managing cash and capital , and there are an increasing number of solutions here , including a tech-enabled service from KPMG and Taulia that helps customers transform their financial supply chain for savings , and to improve supplier relationships .
34 November 2023