Develops and licenses the first blockchain trade platform for commercial clients and their banks available in the market.
we.trade Innovation DAC is a joint-venture company owned by 9 European banks, that develops and licenses the first blockchain trade platform for commercial clients and their banks available in the market. Through distributed ledger technology and smart contracts, the platform provides a secure, innovative environment for banks’ commercial clients engaged in import/export transactions to trade in a user-friendly and efficient way.Clients can register to the platform via their banks. 9 major European banks have already guaranteed geographic and client coverage in 11 countries and many more banks in other markets will be able to offer we.trade to their clients in the coming months.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Feb 1, 2021 | Debt Financing | €5.50M | 3 | — | — | Detail |
May 21, 2020 | Corporate Round | — | 1 | IBM | — | Detail |
Dec 2, 2017 | Seed | — | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
IBM | Yes | Corporate Round |
CRiF | — | Debt Financing |
HSBC | — | Debt Financing |
Santander Bank | — | Debt Financing |
Rabo Frontier Ventures | — | Seed |