[Singapore Digital Trade Platform Olea Completes $30 Million Series A Financing]
Singapore digital trade platform Olea has completed a $30 million Series A financing round, with investors including Banco Bilbao Vizcaya Argentaria (BBVA), XDC Network, theDOCK, and SC Ventures under Standard Chartered Bank. The funds from this round will be used to accelerate the deployment of AI and Web3 solutions in high-growth markets, as well as to enhance products such as embedded finance and risk analysis. Since its establishment in 2022, the Olea platform has obtained a CMS license from the Monetary Authority of Singapore (MAS), providing over $3 billion in financing to more than 1,000 enterprises across 70+ trade corridors.