we. trade continues to grow its network adding Eurobank to its blockchain-based trade financing platform
we.trade continues to grow its network adding Eurobank to its blockchain-based trade financing platform
***Eurobank joins we.trade as a licensee banking partner extending we.trade’s service to Greece***
we.trade, a leader of blockchain based digital trade services, adds Eurobank as licensee banking partner on their platform.
With this announcement we.trade extends the number of licensee banks to 14, growing from 7 just one year ago. This trend of rapid expansion of we.trade widens its critical mass of network of banks in Europe, and confirms we.trade as European market leader ready for further expansion.
The addition of Eurobank further increases accessibility for companies to the platform, enabling them to leverage the we.trade network for their international trade needs, with coverage now across 14 countries. The on-boarding of Eurobank extends we.trade’s geographical reach to the following European countries -Austria, Belgium, Denmark, Finland, France, Germany, Greece, Italy, the Netherlands, Norway, Spain, Sweden, Switzerland and the UK.
The we.trade platform addresses the expectations of companies to make cross-border trade more straightforward through the extension of its digital trade network. The distribution force of participating international banks positions we.trade as an innovator in the trade finance market and as a leading partner for its market adoption and expansion beyond Europe.
“we.trade welcomes Eurobank as banking partners and is delighted to extend we.trade’s reach across 14 countries keeping us on track with road map of expanding our global coverage network over the coming quarters. We will continue to grow our network and evaluate additional partners from both the banking and non-banking sectors to join our vision of an open and interoperable platform.” said Roberto Mancone, Chief Operating Officer, we.trade.
This sentiment was echoed by Michalis Tsarbopoulos, Deputy General Manager, Head of Global Transaction Banking Eurobank “By joining we.trade we will be offering our clients a cutting-edge digital solution for international trade transactions. we.trade, founded by some of the world’s best and biggest banks, stands out among digital trade platforms thanks to its proven application of blockchain technology and wide coverage of international markets. I am confident participating banks in we.trade will find in Eurobank a reliable, innovative partner with a strong positioning in serving SMEs in southeastern Europe”.