we.trade

company

About

Develops and licenses the first blockchain trade platform for commercial clients and their banks available in the market.

Details

Last Funding Type
Seed
Industries
Blockchain,Financial Services,FinTech,Information Technology
Founded date
Jan 1, 2017
Number Of Employee
11 - 50
Operating Status
Active

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
€5.50M
we.trade has raised a total of €5.50M in funding over 2 rounds. Their latest funding was raised on Feb 1, 2021 from a Debt Financing round.
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

Investors

Number of Lead Investors
Number of Investors
1
5
we.trade is funded by 5 investors. IBM and CRiF are the most recent investors.
Investor Name Lead Investor Funding Round
IBM Yes Corporate Round
CRiF Debt Financing
HSBC Debt Financing
Santander Bank Debt Financing
Rabo Frontier Ventures Seed

Employee Profiles

Number of Employee Profiles
3
we.trade has 3 current employee profiles, including Board member Raphael Barisaac
Board member
Executive
Executive