Our story
We are traders first. Our team brings more than 20 years of combined experience in the international trade of recycled metals and paper scrap.
Across deals and conversations with hundreds of buyers and suppliers around the world, one thing became clear. Finding someone to trade with is not the hard part. Plenty of networks and marketplaces already do that. The hard part is trusting them: is the material really there, is it the grade in the contract, and will the buyer actually pay?
Today, most traders solve that by flying out to inspect a yard, paying upfront and hoping, or not trading at all. We learned this the hard way: on one of our own deals, we paid a UK supplier upfront, and nearly four months later the metal still had not shipped.
So we built Veraloop. It combines cameras, AI and a licensed escrow partner. Buyers and suppliers can verify each other, and the material, before any money moves.