News
22 June 2020

Trade finance start-up We.trade 'cuts 50% of its staff'

Region:
Europe

We.trade, the blockchain-based trade finance start-up jointly owned by 12 European banks, has reportedly laid off around 50% of its staff, representing more than 12 employees. We.trade is said to have struggled to get funding from several of its member banks and one external investor - trade...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
10 October 2025

Green shoots for green hydrogen as EIFO backs UK production

The outlook for the green hydrogen market has been challenged in recent years despite positive rhetoric from industry stakeholders. A consistent financing pipeline is yet to...

Perspective
17 October 2025

TXF Asia: Top takeaways

The top takeaways from Exile Asia: Agency, Energy and Infrastructure at Singapore’s Marina Bay Sands Expo and Convention Centre have emerged. From increased ECA flexibility to...