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TradeIX closes investment round of $16 million

Posted: Thu Jun 21, 2018 4:09 pm
by kreslik.news

Trade finance technology firm, TradeIX, has announced today that it closed a new investment round worth $16 million. The round was led by ING ventures together with investor Kistefos, BNP Paribas and Tech Mahindra.

The main priorities for the extra funding are increasing hiring rates and accelerating customer acquisition. The company also plans to invest in the developments of its open platform for trade finance.

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Kistefos, BNP Paribas and Tech Mahindra all have a successful track record of investing in fintech providers like TradeIX. Prior to the venture round, Norwegian investment ... (read more)