Envoy Group

Envoy Group is a blockchain and fintech startup, founded in 2018 and headquartered in Estonia. The company's slogan, "Harnessing blockchain to modernize global trade logistics and finance, reducing inefficiencies and injecting vital liquidity," encapsulates its mission. Envoy leverages blockchain technology to enhance efficiencies in global supply chain and trade finance. It operates on the R3 Corda blockchain platform and targets the $17 trillion annual global trade flow by reducing inefficiencies and providing essential liquidity. Their platform seamlessly integrates with legacy data systems and all third-party blockchains, empowering buyers and sellers to manage global trade logistics while accessing new funding sources supported by the trust-based nature of blockchain. Moreover, smart contracts enable the automation of core workflows in global trade, and the stellar-based NVOY token facilitates instant tokenized cross-border payments. Envoy's latest investment was a significant $13.00M Venture Round investment on 05 February 2020, with Alcedo Digital Ventures as the investor. The company's innovative approach to modernizing global trade logistics and finance, alongside the substantial investment secured, positions Envoy Group as a noteworthy player in the blockchain and fintech industries.