
Sector: Trade Finance
Accelerator status: Incubation
Founded: 2014
company description
Trade Finance Market (TFM) is a fintech leader in building network infrastructure for global trade finance through decentralized ledger technology (DLT) applications and providing liquidity to SMEs, especially in emerging markets.
recent achievements
Originating transactions circa $10 million per month from global SMEs who are unable to access funding from banks.
Received VC funding from GTR Ventures – the world’s first tradetech focused VC fund.
Pioneered and launched API driven DLT applications for trade finance – used by other fintechs to leverage the power of blockchain technology.
Founded the World Blockchain Trade Consortium – launched at the Singapore Fintech Festival 2018.
Invited to join the API Exchange platform – operated by The ASEAN Financial Innovation Network (AFIN) - providing global financial institutions easy access to our DLT applications.
Product/service description
Pioneering usage of DLT to lower costs and reduce risk – our API based blockchain applications are used by all participants in the supply chain. TFM is also founding member of the World Blockchain Trade Consortium (WBTC). Using AI and machine learning to deliver smarter and faster decisions to funders globally and increase trade finance liquidity.
latest financing round
Undisclosed amount
Venture Capital by GTR Ventures