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Singapore-based fintech Xalts acquires digital trade platform Contour Network

In a role reversal, Xalts, a Singapore fintech startup founded 18 months ago, has acquired Contour Network, a digital trade platform set up by eight major banks including HSBC, Standard Chartered and BNP. Backed by Accel and Citi Ventures, Xalts enables financial institutions to build and manage blockchain-based apps. Contour was started in 2017 by a consortium of eight banks to digitize trade and is currently used by 22 banks and more than 100 global business including Tata Group, Rio Tinto and SAIC. ....

Republic Of , Ashutosh Goel , Supreet Kaur , Financial Institutions , Contour Network , Ashutosh Goel , Tata Group , Citi Ventures , Standard Chartered , Trade Platform ,

IBM takes another shot at trade digitisation after demise of we.trade, TradeLens

IBM takes another shot at trade digitisation after demise of we.trade, TradeLens
gtreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gtreview.com Daily Mail and Mail on Sunday newspapers.

Ravesh Lala , Cloud For Financial Services , Trade Platform , Financial Services ,