Trade Finance
8 Fast-Growing Supply Chain Fintech Companies from Europe
Cutting edge technologies including artificial intelligence (AI), analytics and distributed ledger technology (DLT) are changing the way companies and their suppliers do business. These technologies are revolutionizing the supply chain industry by introducing digital solutions that improve processes, enhance efficiencies
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A.P. Moller – Maersk and IBM to Discontinue Blockchain Trade Platform Tradelens
A.P. Moller – Maersk and IBM announced the decision to withdraw the TradeLens offerings and discontinue the platform. Starting immediately, the TradeLens team is taking action to withdraw the offerings and discontinue the platform, and the intent is that the
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Digitalization and Technology to Help Fill the US$1.7 Trillion Global Trade Finance Gap
Micro, small and medium-sized enterprises (MSMEs) have historically faced severe financing difficulties, especially when trying to expand internationally. However, technological advances and innovative fintech solutions have emerged over the past years to help reduce this financing gap and provide MSMEs
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SIX Digital Exchange Links to SIX SIS to Boost Digital CHF Bond Accessibility
SIX Digital Exchange (SDX) announced the addition of SIX SIS to its Central Securities Depository (CSD), making it the first regulated CSD to have direct access to SDX. The addition is expected to increase the accessibility of natively digital CHF-denominated
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Trade Finance Platform Drip Capital Raises US$175 Million
Drip Capital, a digital cross-border trade finance platform for small and medium businesses (SMBs), announced that it has raised US$175 million to power its next phase of growth. Funds raised include a US$40 million Series C investment and US$135 million
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FQX Bags Award at the Fintech Germany Awards 2021
FQX, a Swiss-based provider of electronic promissory note infrastructure to facilitate trade finance and money markets, has won an award at the Fintech Germany Awards 2021. The startup bagged an award for the category “Foreign Entrant into the German Market”,
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FQX Appoints Two New Advisors to Propel Its Growth Plans
FQX, a Swiss-based provider of electronic promissory note infrastructure to facilitate trade finance and money markets, announced the appointment of Whitman Knapp and John Taylor as its advisors. Whit Knapp, Chairman of GTBInsights LLC, a global transaction banking advisory firm,
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FQX Leverages Blockchain & Electronic Signatures to Revamp Trade Finance & Money Markets
Switzerland’s fintech startup FQX seeks to revamp how companies around the world access finance by using blockchain and tokenization to make promissory notes transferable, cross-border and more cost-efficient. Promissory notes, are financial instruments that contain a written promise by one
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FQX Secures $4.7 Million Seed Funding to Scale Its Promissory Note Infrastructure
FQX, a Swiss-based fintech focused on electronic negotiable instruments, has secured US$4.7 million in seed funding to scale their eNoteTM infrastructure. Earlybird led the round with participation of SIX Fintech Ventures, the non-strategic corporate venture arm of SIX, and the
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