TradeIX
TradeIX was a Dublin-based fintech founded in 2015 that built a distributed-ledger-technology platform for global trade finance. It raised $16M in 2018 from ING Ventures, BNP Paribas, Kistefos, and Tech Mahindra, but its domain is now parked and inactive.
- Company typePrivate
- Founded2015
- HeadquartersDublin, Ireland
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
TradeIX firmographics
Firmographics- Name
- TradeIX
- Website
- https://tradeix.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Closed
- Headcount range
- 51–100 employees
- Short description
- TradeIX was a Dublin-based fintech founded in 2015 that built a distributed-ledger-technology platform for global trade finance. It raised $16M in 2018 from ING Ventures, BNP Paribas, Kistefos, and Tech Mahindra, but its domain is now parked and inactive.
- Ownership category
- akta.pro rank
TradeIX industry classification
Industry- Product category
- Trade Finance Technology
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Miscellaneous Intermediation (523910)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Trade Finance Platforms & Digitization (eBL/eDocs, TradeTech, Network Solutions) (FSABAHAL)
Keywords
Where TradeIX is headquartered
LocationHeadquarters
- HQ city
- Dublin
- HQ country
- Ireland
- HQ region
- Europe
Markets served
TradeIX business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
TradeIX product offering
Product offeringCore offering
TradeIX provides an open distributed-ledger-technology platform for global trade finance, enabling banks, corporates, and trade intermediaries to share data and transactions on a shared ledger. The platform is positioned as foundational infrastructure for digitizing trade finance workflows rather than a single end-user application.
Differentiator
Problem solved
Functional benefit
Products and services
- TradeIX Open Trade Finance Platform An open, distributed-ledger-technology platform for global trade finance that enables banks, corporates, and trade finance intermediaries to share data and execute transactions on a shared ledger for digitized trade finance workflows.
Companies that use TradeIX
Customer profileIdeal customer profiles2 records
TradeIX technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
TradeIX competitors and assessment
Company assessmentEmerging players
- CargoX: Blockchain-based electronic Bill of Lading and smart letter of credit platform. Competes with TradeIX for blockchain-native trade documentation, though narrower in instrument coverage.
- Traydstream: AI and automation platform for trade finance document checking and compliance. Adjacent competitor in the digitization of trade finance operations, though focused on automation rather than DLT.
- Wave BL (now WAVE): Electronic Bill of Lading platform using blockchain to issue, transfer, and surrender title documents. Comparable technology approach focused specifically on eBL issuance, narrower than TradeIX's full trade finance scope.
Direct peers
- Bolero International: Electronic Bill of Lading and trade document digitization provider serving banks, carriers, and corporates. Overlaps with TradeIX's mission to digitize paper-based trade instruments.
- essDOCS: Provider of electronic Bills of Lading (CargoDocs) and trade finance document solutions to banks and shipping lines. Adjacent product overlap in digitized trade documentation workflows.
- Marco Polo Network: TradeIX was the technology company behind the Marco Polo Network, a DLT-based trade finance platform connecting banks and corporates. Marco Polo is therefore the most directly comparable asset — same underlying business, same founding team, and same R3 Corda-based architecture.
- Contour: Network of banks (BNP Paribas, ING, Citi, HSBC, SMBC) using R3 Corda to digitize letters of credit. Direct competitor with shared bank investors (ING) and overlapping technology stack to TradeIX.
- we.trade: Bank-led consortium (HSBC, Santander, UniCredit, etc.) offering a blockchain-based trade finance platform for open account transactions. Competes directly with TradeIX for the same bank and corporate customers in Europe.
- Komgo: Bank-led trade finance platform (Société Générale, BNP Paribas, Citi, ING, MUFG) using DLT to streamline trade finance instruments. Comparable customer base, technology approach, and instrument coverage to TradeIX.
- TradeLens: Maersk/IBM-developed blockchain platform for global trade documentation and supply chain visibility. A high-profile DLT trade network that competed in adjacent trade digitization categories; shut down in 2022, illustrating the segment's volatility.
Market position
Customer concentration
TradeIX social profiles
Digital presenceTradeIX financial estimates
Financial estimateRevenue estimate
Valuation estimate
TradeIX leadership team
Management profileNumber of profiles
Profiles10 records
TradeIX funding detail
Funding detailFunding overview
Funding rounds2 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TradeIX M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TradeIX
What does TradeIX do?
TradeIX provides an open distributed-ledger-technology platform for global trade finance, enabling banks, corporates, and trade intermediaries to share data and transactions on a shared ledger. The platform is positioned as foundational infrastructure for digitizing trade finance workflows rather than a single end-user application.
Is TradeIX a public or private company?
TradeIX is a private company. It is classified as venture growth investor backed and is currently closed.
When was TradeIX founded?
TradeIX was founded in 2015. It employs 51 to 100 people.
Where is TradeIX based?
TradeIX is headquartered in Dublin, Ireland, in the Europe region.
Who are TradeIX's main competitors?
Emerging players on record are CargoX, Traydstream and Wave BL (now WAVE). Direct peers are Bolero International, essDOCS, Marco Polo Network, Contour, we.trade, Komgo and TradeLens.
Does TradeIX have an API?
No public API is recorded for TradeIX.
What industry is TradeIX in?
TradeIX's product category is Trade Finance Technology. Its primary akta.pro industry code is FSABAHAL, Trade Finance Platforms & Digitization (eBL/eDocs, TradeTech, Network Solutions). Its NAICS code is 5231 and its SIC code is 6211.