The world of trade finance has no shortage of friction points. It’s why many FinTech innovators have flocked to the space, with statistics like the Asian Development Bank’s estimate of a $1.5 trillion gap in trade finance availability adding fuel to their innovation fire. For...
December 01, 2022
U.S.-based GlobalTrade Corporation (GTC) announced it has been acquired by Swiss-headquartered Komgo. Terms of the deal, which sets the stage for a merger of two of the biggest names in trade finance software, were not disclosed. The two companies provide trade finance digitization solutions to over 120 multinational clients, helping them connect to sources of […]