Olea Secures $30M Series A to Expand AI and Web3 Trade Finance Solutions

Olea Global’s Series A funding, led by BBVA with backing from XDC Network, theDOCK, and SC Ventures, will drive AI analytics, Web3 integration, and embedded finance expansion in emerging high-growth markets.

XDC

Summary

Olea Global, a Singapore-based trade finance platform, announced a $30 million Series A funding round led by BBVA, with participation from XDC Network, theDOCK, and SC Ventures. According to the official statement, the funds will be used to accelerate AI-driven data analytics, expand Web3 adoption, and enhance embedded finance solutions in high-growth emerging markets. Founded in 2022, Olea has facilitated over $3 billion in financing across more than 1,000 companies.

Terms & Concepts
  • Web3: A decentralized version of the internet built on blockchain technology, enabling peer-to-peer interactions without centralized intermediaries.
  • Embedded finance: Integration of financial services like payments or lending into non-financial platforms or apps.
  • Trade finance: Financial services facilitating international trade, including payment risk mitigation and working capital support.