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we.trade logo — we.trade Innovation DAC is a blockchain trade platform for c...

we.trade

we.trade Innovation DAC is a blockchain trade platform for commercial clients and their banks, owned by 9 European banks.

Founded 2017 Ireland Ireland 11-50 employees Debt Financing Total: $5.50M Blockchain, Financial Services +2

General Information

Company Name we.trade
Founded Year 2017
Location Ireland Ireland
Employees 11-50
Industries Blockchain, Financial Services, Fintech +1
Funding Stage Debt Financing
Social

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About we.trade

we.trade is a blockchain trade platform owned by 9 European banks, focused on facilitating secure and efficient trade transactions for commercial clients and their banks. Launched in 2017 in Ireland, the platform has garnered significant attention due to its innovative use of distributed ledger technology and smart contracts. This collaborative initiative has attracted the interest and support of leading financial institutions such as HSBC, Santander Bank, and CRiF, who recently made a €5.50M Debt Financing investment in the company in February 2021.

The platform's strategic approach in bridging the gap between corporate clients and banks within the context of international trade has positioned it as a pivotal player in the intersection of Blockchain, Financial Services, Fintech, and Information Technology industries. This has resulted in the participation of nine European banks servicing clients across 11 different countries, with further expansion expected as additional banks integrate we.trade into their services. The platform's user-friendly interface and agility in executing transactions have contributed to its appeal and market viability.

Business keywords: Blockchain Trade Platform, Distributed Ledger Technology, Smart Contracts, European Banks, Commercial Clients, Joint Venture, Financial Technology, User-Friendly Interface, International Trade, Digital Innovation, Banking Services, Cross-Border Transactions

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing €5.50M 3
HSBC, Santander Bank +1
01 Feb 2021
Corporate Round Undisclosed 1
IBM
21 May 2020
Seed Round Undisclosed 1
Rabo Frontier Ventures
02 Dec 2017

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FAQ About we.trade

we.trade Innovation DAC is a blockchain trade platform for commercial clients and their banks, owned by 9 European banks.
we.trade was founded in 2017.
we.trade is headquartered in Ireland.
we.trade operates in Blockchain, Financial Services, Fintech and Information Technology. Its work centres on Blockchain Trade Platform, Distributed Ledger Technology, Smart Contracts and European Banks.
we.trade has approximately 11-50 employees.
we.trade has completed 3 funding rounds, raising a total of $5.50M. The latest funding stage is Debt Financing.
Top alternatives and competitors to we.trade include Adhara, Kadena, Neomoon, Nextropay, Millenning Pte Ltd. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
we.trade and Adhara are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for we.trade, https://www.bouncewatch.com/company/wetrade, updated 27 October 2024. When citing, please name BounceWatch and link this page.

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