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The app store of trade finance

Each year, trillions of dollars in goods, assets, credit, and money change hands, but the financial systems that manage those trade flows are complicated, old and hampered by increasingly complex supply chains.

Dublin’s TradeIX solution is Marco Polo: a network designed to make trade finance smoother, more efficient and more transparent. The team liken it to the “app store” for trade finance - they’re not providing services such as credit insurance services themselves. They’re just connecting them to the network.

Marco Polo partners with financial institutions, corporates and technology partners and uses new technologies like blockchain. Partners include banks (ING, NatWest, Bank of America), consultancies (Accenture), tech firms (Microsoft) and corporates (Daimler, MAN, Logwin).