we.trade Email Format
Financial ServicesLeinster, Ireland11-50 Employees
we.trade Innovation DAC operates a trade finance platform designed to streamline cross-border transactions for buyers and sellers. The platform leverages distributed ledger technology and smart contracts to improve reliability and efficiency in global trade. It targets small and medium-sized enterprises that traditionally lack access to bank guarantees, invoice financing, and credit insurance, helping them improve cash flow and digitize paper-based processes. The company is a joint venture owned by twelve European banks and IBM, reflecting a multinational banking-backed initiative based in Dublin, Leinster. Since its commercial launch in 2019, the platform has been licensed by banks across 15 countries, indicating broad adoption within the European banking ecosystem. Additionally, the company has engaged in industry collaborations, including partnerships with initiatives such as eTradeConnect that expand its network beyond its founding banks.