Olea Global Pte Ltd, a company that helps simplify global trade, has successfully raised US$30 million in a Series A funding round. The round was led by BBVA (Banco Bilbao Vizcaya Argentaria).
Other investors in the round include XDC Network, theDOCK, and existing shareholder SC Ventures, which is the venture-building arm of Standard Chartered Bank.
The new funding will be used to drive innovation at Olea. This includes investing in AI-based analytics, preparing for Web3 technologies, and building expertise to offer fast-growing solutions like embedded finance that match changing customer needs.
Olea also plans to expand its business in high-growth markets by using its global partner network. This funding round comes after a financing facility announced in November 2024, which was arranged by HSBC and Manulife | CQS Investment Management.
This funding milestone shows strong investor confidence in Olea’s goal to modernize trade finance using technology, data-driven insights, and strong institutional governance.
Since its launch in 2022, Olea has built a high-quality, institutional-grade platform with strong risk management. The company holds a Capital Market Services (CMS) license from the Monetary Authority of Singapore (MAS), operates across more than 70 trade corridors, and works with over 30 institutional funders. Together, these efforts have helped deliver more than US$3 billion in financing to global suppliers and buyers.
Olea is headquartered in Singapore and was originally founded with investment support 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.”
Olea is a digital platform that connects global sources of funding with trade and supply chain opportunities, helping businesses grow and operate more smoothly around the world. It brings together different pools of capital, each with its own investment focus and risk appetite.
The company’s vision is to connect capital with opportunity. Olea strongly believes that trade plays an important role in supporting sustainable economic growth, especially in emerging markets across Asia where many suppliers are located.
Olea currently supports suppliers and buyers across more than 70 trade corridors, helping businesses access the funding they need to trade and expand globally.
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