Olea Announces Series A Funding to Enhance Global Trade Finance

Core Insights - Olea Global Pte Ltd has successfully completed a $30 million Series A funding round, led by BBVA with participation from XDC Network, theDOCK, and SC Ventures [1][2][3] Funding and Investment Focus - The capital raised will be directed towards innovation in AI-driven analytics, Web3 readiness, and high-growth solutions like embedded finance, aligning with evolving client needs [2] - This funding follows a previous facility announced in November 2024, arranged by HSBC & Manulife | CQS Investment Management [2] Strategic Partnerships and Expansion - BBVA's role as a lead investor will accelerate Olea's expansion into new markets across Europe, the US, Latin America, and Asia, focusing on digital supply chain solutions and risk analytics [3] - Olea aims to strengthen its capabilities in tokenized and stablecoin-enabled trade flows through its partnership with XDC Network [4] - Collaboration with theDOCK will open new commercial pathways and ecosystem partnerships for Olea [4] Company Vision and Achievements - Olea has established a platform supported by risk management and holds a Capital Market Services license from the Monetary Authority of Singapore, facilitating over $3 billion in financing to suppliers and buyers since its launch in 2022 [4] - The company connects global liquidity with trade and supply chain opportunities, emphasizing its role in economic development, particularly in emerging markets within Asia [4] - Olea currently supports suppliers and buyers in over 70 trade corridors, showcasing its extensive origination network [4]