Kadmos entries into the cruising industry for the first time
Kadmos attended Seatrade Cruise Global 2023 in Florida, US
Kadmos visited a cruise ship in Singapore and was welcomed by over one hundred crew members
Kadmos, the end-to-end salary payments platform for seafarers, is thrilled to announce its entry into the cruising industry.
Last week, while participating in Seatrade Cruise Global 2023 in Florida, US, Kadmos also visited a cruise ship in Singapore, meeting with crew members and introducing them to the Kadmos digital wallet and debit card.
Kadmos attended Seatrade Cruise Global 2023
On March 27-30, Kadmos participated in Seatrade Cruise Global 2023 in Florida, US.
Gathering cruise line executives and travel professionals in the world, the conference was an excellent opportunity for Kadmos to enter the cruising industry for the first time, showcasing its innovative end-to-end salary payment platform to key players in the industry.
The world’s largest international cruise event featured over 500 exhibitors, insightful conference content, panel talks, and myriad opportunities to connect at networking events.
Thomas Kriwat, Global Key Account Director Marine at Kadmos, said: "We enjoyed attending Seatrade Cruise Global and having the opportunity to connect with industry leaders and showcase our platform to the cruising industry for the first time."
Thomas Kriwat spoke in the successful “Using Technology to Streamline Processes” panel alongside Julia Siebert, Managing Director at COLUMBIA Blue - The Leisure Group, and host Catherine Logie, Director of Direct to Consumer Services at Ocean Technologies Group.
The benefits of digitalization to companies and crew in the cruise industry were at the center of the conversation, with Thomas highlighting how digitalization plays a crucial role in empowering crews, as the ability to pay crews through direct payments - without intermediaries - allows personnel to always know that their payments are initiated and arriving on time.
Thomas added: "We believe our platform can help cruise lines improve their salary payment processes and provide a better experience for their crews. At Seatrade Cruise Global, we had the pleasure of meeting with industry experts to discuss how to work together to achieve these goals."
Kadmos went cruising in Singapore
During the same week, Kadmos visited a cruise ship in Singapore and met with over one hundred crew members, who warmly welcomed the Kadmos team and asked questions about the digital wallet, the debit card, and how to sign up to access all the benefits smoothly.
Roy Machart, Global Key Account Director Marine at Kadmos, said: “We met with over one hundred seafarers and noticed the variety of their backgrounds and financial knowledge. We had the opportunity to answer financial-related questions from underbanked and knowledgeable workers alike. This showed us even more that there’s an extreme variety of people with the same banking needs, regardless of their background. Our main challenge at Kadmos is aligning them all on common ground to neutralize these differences and equalize their financial knowledge.”
Robyn Walker, Head of Operations at Kadmos, added: “The beauty of our product is that it can bring value to all cross-border employees, regardless of their previous financial experience.”
Trusted by leading shipping companies, such as Lubeca, Columbia Shipmanagement, Performar, and more, Kadmos helps shipping companies to pay seafarers via a secure, functional, and cost-effective platform. Seafarers receive their money instantly through the digital wallet, which they can use to send money home to their families and make online purchases. They can also use the Visa debit card to make purchases at ports and to withdraw to spend on the go. Seafarers save money on transfers and exchange rates and ultimately retain more of their salaries.
Kadmos is a Berlin-based Fintech on a mission to revolutionize the way that seafarers are paid. In an industry dominated by opaque mark-ups, kickbacks, and literal bags of cash, Kadmos wants to reduce administration and accounting costs associated with paying crews. At the same time, it's committed to providing more control over finances through a free e-wallet that enables money transfers with marketing-leading FX rates and a global debit card. Read more about Kadmos, the team, and founding story.