Olea Global Pte Ltd, a leading platform simplifying global trade, announced the successful completion of its US$30 million Series A funding round. The round was led by BBVA (Banco Bilbao Vizcaya Argentaria, S.A), with participation from XDC Network, theDOCK, others, as well as existing shareholder SC Ventures, the venture building arm of Standard Chartered Bank.
The new capital will focus on innovation: investing in AI-driven analytics, Web3 readiness, and expertise to deliver high growth solutions, such as embedded finance, aligned with evolving client needs. Olea will also scale origination in high-growth markets, leveraging its global partnership ecosystem. This equity injection follows a funding facility announced in November 2024 arranged by HSBC & Manulife | CQS Investment Management.
BBVA, as a lead investor, accelerates Olea’s expansion into new corridors across Europe, the US, Latin America, and Asia. BBVA and Olea will leverage their strengthens to innovate together on digital supply chain solutions and risk analytics.
SC Ventures has incubated Olea and reaffirms its commitment to the venture’s vision in global trade. Further collaboration is being explored in digital assets and AI.
XDC Network, a layer-1 blockchain platform, strengthens Olea’s ambition to support tokenized and stablecoin-enabled trade flows.
theDOCK, a venture capital firm in maritime logistics sector, opens new commercial pathways and ecosystem partnerships for Olea.
This milestone reflects investor confidence in Olea’s vision to transform trade finance through technology, data intelligence, and institutional governance. Since launched in 2022, Olea has built an institutional-grade platform underpinned by robust risk management and a Capital Market Services license (CMS) from the Monetary Authority of Singapore (MAS) and established a strong origination network for 70+ trade corridors and partnered with over 30 institutional funders to deliver more than US$3 billion of financing to global suppliers and buyers. Olea is headquartered in Singapore and was originally founded with investment from SC Ventures and Linklogis.
Amelia Ng, CEO of Olea: “This funding marks an important milestone in Olea’s journey. The confidence shown by our new and existing investors is a powerful validation of the business we’ve built – institutional-grade, scalable and ready for the next phase of growth. We are committed to building an efficient and accessible trade ecosystem that connects capital, commerce, and technology.”
Eva Rubio, Head of Global Transaction Banking at BBVA Corporate & Investment Banking (BBVA CIB): “Leading this investment round reaffirms BBVA’s commitment to innovation and to transforming global trade. Together with Olea, we are building a more agile, transparent, and inclusive model that connects global liquidity with the real needs of companies.”
Alex Manson, CEO of SC Ventures: “From incubation at SC Ventures to becoming a recognized digital trade finance platform, we are proud of Olea’s growth trajectory. Our participation in co-leading Olea’s fundraising round underscores SC Ventures’ belief that Olea will be unlocking a more efficient and scalable global trade ecosystem.”
