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


Interview
05 December 2025

Adaptability in action with BU President Akita

Yuichiro Akita, President of the Berne Union and senior general manager, international strategic policy, at Nippon Export and Investment Insurance (NEXI) discusses the...

Perspective
11 December 2025

Sizewell C: DFI/ECA collaboration for new nuclear

New nuclear’s construction risk and development timelines have made it difficult to bank – until now. The RAB revenue model means that Sizewell C’s funding package includes an...