Meet P3 Marine, The Startup That's Taken Superyacht Finance By Storm In Just A Year

In the shimmering world of superyachts, a fresh breeze is stirring the sails — born from a pioneering start-up called P3 Marine. Just a year ago, the company was launched with a bold promise: to redefine financial management in the superyacht industry. Cofounded by a pair of enthusiasts, superyacht aficionado Reda Bedjaoui and former banker Philippe Werner, P3 Marine tackled the glaring issue that traditional financial operations for ultra-high-net-worth individuals in the yachting scene had not kept pace with technology.

Fast-forward to the present, P3 Marine is not only fulfilling its promise but impressively exceeding expectations. It has rapidly morphed into a widely trusted platform for yacht owners, captains, managers, brokers and family offices alike. Conceived as a purpose-built financial hub, P3 Marine aims to bring a sense of clarity, efficiency, and control to the usually cloudy world of superyacht finances.

The incredible success of P3 Marine, now a pillar in yacht financing, is largely thanks to its in-house development team. Their ability to quickly integrate client feedback allowed the platform to evolve at a dizzying pace within mere months of its conception.

A considerable turning point in P3 Marine’s journey came with the achievement of becoming a Principal Member of Visa. This prestigious status allows it to issue cards directly to clients, providing an unprecedented level of control over yacht operations. Department-level spending limits can now be assigned to cards issued for crew, chefs or engineers, significantly facilitating large event planning and provisioning tasks.

This cherished accomplishment serves as a testament to the resilience and innovation that P3 Marine brings to the superyacht industry. Despite its remarkable first-year growth, the journey has only just begun for this resilient start-up. The waves they’ve created are undoubtedly making a splash, and the yachting world is all ears, eager to see what innovative solutions they will introduce next.