Singapore-based trade finance platform Olea Global has completed a $30 million Series A financing round, with BBVA leading the investment.
BlockBeats News, December 16th, Singaporean trade finance platform Olea Global announced the completion of a $30 million Series A financing round. The round was led by Spain's BBVA, with participation from XDC Network, theDOCK, and existing shareholder Standard Chartered Bank's venture arm, SC Ventures.
Olea Global will use the new funds to drive AI-driven analytics and Web3 technology innovation, and to scale its business in high-growth markets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Japan Plans Stablecoin Tax Exemption: What Users Should Know
British banks "offload risk" for cash: high-risk retail loan collateral surges twofold in a single week
According to disclosure documents from the Bank of England, British commercial banks are increasingly using high-risk assets—such as loans related to high-interest department store credit cards and car leasing—as collateral pledged to the Bank of England.

NEC, Mitsubishi Heavy sign MOU for strategic defense partnership
Umida expands Joluca Elektrolytes tie-up with Apoteket AB to at least 140 stores
