ING Ventures, the venture capital arm of ING, led a $29m funding round in Komgo, a Swiss headquartered software development and technology services company. "The nature of Komgo’s business, as a B2B financial software provider, means that having the requisite institutional support is key. Our base of founding shareholders have thus far enabled the company to take a leading role in the transformation of trade finance. We’re delighted to welcome SMBC to this prestigious group, and to achieving our next period of growth together," Souleïma Baddi, Komgo CEO.