Announced
Completed
Synopsis
A consortium of investors including Bangkok Bank, BNP Paribas, Citi, CTBC, HSBC, ING, SEB, SMBC, Standard Chartered, R3, Bain & Company and CryptoBLK led a Series A+ round in Contour, a fintech company. Financial terms were not disclosed. “Contour’s success is proof that trade finance is the leading use case for enterprise blockchain, and the rapidly growing adoption of our network shows the market is ready and eager to digitise. With this investment, we move ever-closer to realising our vision of becoming the new global standard for trade finance by simplifying and removing barriers in the trade ecosystem, making the industry economically, environmentally and socially sustainable," Carl Wegner, Contour CEO.
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