Wholesale
1-10 employees
London
2014
Challenge
Newcomer Wines faced the complexity of managing international relationships and financial operations, while building their community in the European wine industry.
Solution
Mimo provided a single solution with an ability to easily make international payments and manage cash flow with the built-in credit line.
Results
Improved spend control and saved time when making payments
All payments, whether domestic or international, in one tool
Ability to act on supply & growth opportunities with credit line
How did you get started?
Newcomer Wines began its journey from a humble container shipping unit, importing Austrian wines into the UK market, with a vision deeply rooted in changing agriculture for the better through the wine industry.
Fast forward 10 years, Peter alongside his co-founder Daniela and their team have cultivated an impressive network, collaborating with around 80 European winemakers. Their operations have expanded beyond a wine shop and bar to include distribution and wholesale to leading restaurants across the UK.
Starting from scratch, the Newcomer Wines team embraced learning and innovation at every step, challenging traditional rules to build a business that’s as much about fostering a community of like-minded individuals and winemakers as it is about wine itself.
Why Mimo?
Mimo became a valuable part of Newcomer Wines' day to day supplier management by addressing the financial challenges of operating within an international community of winemakers and restaurants.
The platform's ability to manage facilitate quick international transfers resonated with the core needs of Newcomer Wines, ensuring financial transactions were seamless and trustworthy.
Further, with access to the credit line, Newcomer could manage cash flow efficiently and act on supply & growth opportunities as they arise.
Through Mimo, the Newcomer Wines team found more than a financial tool; they found a partner that understood and supported their mission to knit together a global community, where the celebration of wine and agriculture drives a collective vision for a better future.
