Demo Drop: Nickel

Nickel is a complete payment solution for materials sellers. High growth sellers choose Nickel to manage trade billing and collect payments. In this Demo Drop from our 2022 Americas Summit, Co-Founder and CEO, Ray Fu, alongside Nickel’s CTO Claudio Wilson deliver the final presentation of the day from the 2022 Formwork Labs cohort.

Nickel is aiming to revolutionize the buildings materials procurement process. Currently, Fu says, the whole process of ordering building supplies and materials is slow, frustrating, inconsistent and stuck somewhere in the early 1990’s. Part of the reason that this sector of the industry has fallen behind and continued to be so frustrating is that it’s a very complex and high-touch area for builders. More importantly, according to Fu, is the lack of overall tools that are designed to help – this is where Nickel can demonstrate its value. The only tools that companies have been able to leverage to help streamline their buildings materials procurement experience are custom solutions that come with a heavy price tag.

Claudio Wilson, CTO of Nickel speaks on how Nickel has been developed to work with all kinds of builders to satisfy a huge range of…