-1 C
December 1, 2023
Finance Technologies

Envoy Group secures $13.5m investment for blockchain trade finance

Blockchain supply chain firm Envoy Group has raised $13.5 million in a venture round from Alcedo Digital Ventures. Envoy Group plans to help access to finance in developing markets Founded in 2018 and based in London, Envoy plans a launch in Q2 2020, and will use the investment to scale up its business. The blockchain-based digital marketplace that Envoy offers was built on the Corda network from blockchain consortium R3. It allows buyers and sellers to connect, and aims to solve the lack of access to finance that some exporters can experience in developing markets. Participants can purchase NVOY tokens…
Envoy Group secures .5m investment for blockchain trade finance

Related posts

GreenKey Technologies secures investment from IPC

Amme Jhonson

Askari Bank selects Finastra to boost trade finance operations

Amme Jhonson

AnaCap-backed paytech Heidelpay acquires Universum Group

Amme Jhonson

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Privacy & Policy