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 July 2026

Tanzania SGR: An ECA coordination feat

Tanzania’s latest standard gauge railway financing shows that African transport corridors can access global liquidity. But only when sovereign risk, export credit, MDB...

Video
14 July 2026

Uncertainty is the unwelcome gift, but pipeline grows for...

Speaking at TXF Global, Jebsen & Jessen CEO Ralf Schwarzhaupt highlighted a booming project pipeline despite Middle East headwinds, calling for fewer regulations, faster...