Olea

🚀 Exciting News! Olea has secured a US$100 million warehouse line from HSBC and Manulife | CQS Investment Management! With this new funding from HSBC and Manulife | CQS IM, Olea is set to accelerate its mission to empower businesses, especially in emerging markets. We're committed to delivering sustainable trade finance solutions that make a lasting impact. 🌍💼 Stay tuned for more updates as Olea continues to shape the future of global trade. ✨ #EmpowerSustainableTrade #TradeFinance #GlobalTrade #Investment #Fintech

SC Ventures-backed SWIAT and Olea partner to enable trade financing on blockchain We are thrilled to announce this fruitful collaboration between SWIAT and Olea. This partnership aims to digitalise supplier financing using blockchain technology, bringing transparency, security, and efficiency to the process. The funder for the inaugural tokenised receivable is DekaBank, one of the joint-venture partners in SWIAT. The project leveraged SWIAT’s Tokenisation Engine and Olea’s expertise in trade receivables financing.

We are excited to share that our company has been featured on both Ledger Insights and The Asset!   You can read more about our exciting developments on our website.   Stay tuned for more updates!

US$1 Billion Throughput and grant of Capital Market Services (CMS) License   Olea Global Markets Pte Ltd, a wholly-owned subsidiary of Olea Global Pte Ltd (Olea), has successfully obtained a Capital Markets Services (CMS) License from the Monetary Authority of Singapore (MAS) for dealing in capital markets products. Olea has also passed the US$1 billion milestone for supply chain and trade assets processed on the Olea Platform.   The CMS license will be used to distribute notes and loans backed by trade receivables, broadening the range of commercial relationships that can be pursued with institutional investors to open doors to new sources of liquidity.   "As Olea continues to empower sustainable trade across Asia, obtaining the CMS License underscores our commitment to building a bank-like compliance and professional standards.” said Amelia Ng, CEO, Olea. “Achieving our $1 billion throughput milestone indicates the confidence funders have in Olea’s asset class and demonstrates the significant demand for our innovative trade finance solutions to companies in Asia.”   Trade finance is crucial for economic growth among Asian exporters in the world's largest trading region. In 2023, the global trade finance gap reached $2.5 trillion, impacting numerous businesses. Olea's digital infrastructure platform addresses this gap by directing global liquidity to supply chain and trade assets, promoting economic development and reinforcing its strategic importance in the market.   #EmpowerSustainableTrade #TradeFinance #SupplyChainFinance #SCF #ReceivablesDiscounting #GlobalTrade    

We are excited to be featured by InvestHK! A testimony to our effort to support businesses on cross border trade.   Olea is seeking further collaborations or partnerships with investors interested in accessing Trade Finance as an asset class, as well as with parties looking for efficient working capital finance solutions.   English version: https://lnkd.in/gm9mqTBz  #EmpowerSustainableTrade

We are excited to be featured by InvestHK! A testimony to our effort to support businesses on cross border trade.   Olea is seeking further collaborations or partnerships with investors interested in accessing Trade Finance as an asset class, as well as with parties looking for efficient working capital finance solutions.   English version: https://lnkd.in/gm9mqTBz  #EmpowerSustainableTrade

Another milestone on our journey to empowering sustainable trade.

Olea and Hong Kong Quality Assurance Agency Forge Strategic Partnership for the Greater Bay Area Olea and HKQAA are excited to announce a new partnership agreement to drive growth for small and medium enterprises (SMEs) in the Greater Bay Area by combining Olea's digital trade financing and HKQAA's expertise in conformity assessment in the area of green and sustainable development.   For HKQAA, this is a significant step as they join forces with Olea, a fintech company. The partnership will empower local manufacturing SMEs by boosting their understanding of environmental, social, and governance (ESG) frameworks through HKQAA’s innovative ESG Connect Program and by offering easier access to trade financing opportunities through Olea.   Olea is delighted with this partnership as Letitia Chau, Deputy CEO, Olea states: “This transformative partnership, uniting trade financing with ESG commitments to empower SMEs on their journey to success, signifies our dedication to fostering collaborative growth and sustainable practices. It marks a pivotal moment, and we eagerly anticipate the positive impact it will have on SMEs.” Teresa Leung Iris Kwok Chris Lau #empowersustainabletrade

Olea Global and Standard Chartered forge strategic partnership to bolster SME growth 7 May 2024, Singapore – In a significant move aimed at boosting small and medium-sized enterprises (SME) growth, Olea Global Pte Ltd (Olea) has formalised a memorandum of understanding (MOU) with Standard Chartered. The MOU symbolises a strategic alliance between Olea, a leading digital infrastructure platform, and Standard Chartered, a leading international banking group. The MOU will pave the way for the exploration of integrated strategies across several sectors. Spearheading the initiatives is the formulation of supply chain solutions to Standard Chartered’s SME Banking clients. The innovative products and digital infrastructure of Olea and robust banking and funding capabilities of Standard Chartered will underpin this collaboration. The collaboration also entails the potential joint acquisition, marketing and service provision to deliver an innovative product to Standard Chartered’s SME Banking customers in key strategic markets. Amelia Ng, CEO, Olea said: “This strategic partnership illustrates our unwavering commitment to innovation in delivering customer-centric solutions. This partnership brings together technology, financial sophistication with customer reach, and allows us to create trade solutions designed for the SME sector.” Wen Xie, Global Head, SME Banking, Standard Chartered said: “We make banking easy, so clients can focus on what matters most to them and grow their businesses. In addition to providing the essential human touch, we are committed to working with industry partners such as Olea to strengthen our suite of tools and solutions and further enhance the client experience for busy entrepreneurs.” #EmpowerSustainableTrade #SMEfinance #SMElending

Olea and YES BANK Join Forces to Enhance Trade Finance Propositions   Singapore, April 2, 2024: Olea Global Pte. Ltd. ("Olea") and Yes Bank Limited ("YES BANK") are delighted to announce the signing of a Memorandum of Understanding (MOU) aimed towards building a long-term co-operative relationship between the two entities.   The MOU signifies a strategic partnership between Olea, a leading digital infrastructure platform incubated, and majority funded by Standard Chartered Group, and YES BANK, one of the leading private sector banks based in India.   Through this collaboration, both parties aim to revolutionise the landscape of trade finance solutions, support Indian exports, and leverage each other’s respective strengths and capabilities to benefit customers across industries. This partnership aligns with the Government of India's export promotion initiatives of Make in India and Performance Linked Incentives (PLIs) and helps in realising its target of USD 2 Trillion exports by 2030.   Olea is enthusiastic for the partnership, with Amelia Ng, CEO of Olea, saying, "We are thrilled to embark on this journey with YES BANK. This collaboration underscores our shared commitment in delivering innovative solutions and unique value to Indian clients and capturing the growing opportunities in India."   Echoing similar sentiments, Ajay Rajan, Country Head Multinational and International Business, Transaction Banking and Knowledge Units remarked, "This strategic alliance marks a significant advancement in our endeavour to leverage trade finance as an efficient model to provide working capital solutions to Indian exporters, especially MSMEs. We believe such partnerships & solutioning could boost India’s export contribution towards its quest of creating a USD 10 trillion economy."   Olea, YES BANK #empowersustainabletrade