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Singapore digital trade platform Olea completes $30 million Series A funding
PANews December 16 News, Singapore’s digital trade platform Olea has completed a $30 million Series A funding round, with investors including Spain’s Banco Bilbao Vizcaya Argentaria (BBVA), XDC Network, theDOCK, and SC Ventures under Standard Chartered Bank. The funds will be used to accelerate the deployment of AI and Web3 solutions in high-growth markets, strengthening embedded finance, risk analysis, and other products. Since its establishment in 2022, Olea has obtained a CMS license from the Monetary Authority of Singapore, providing over $3 billion in financing to more than 70 trade channels and thousands of enterprises.