Komgo FAQ

FAQ

Questions about Komgo

What is Komgo?

Founded in 2018 and headquartered in Switzerland, Komgo is a global fintech that digitalizes and automates trade finance operations for corporates and financial institutions. Through its network and SaaS applications, Komgo improves connectivity across the trade ecosystem and digitalizes the management of all trade finance instruments, such as bank guarantees, SBLCs, letters of credit, and a wide range of other financing operations.

What is the Komgo network?

The Komgo network is the largest KYC-verified community of corporates, banks, and trade ecosystem participants that agree to use common standards for trade finance data, and identity. Komgo’s SaaS business applications run on top of this network so that all participants can reliably identify each other and exchange structured trade information in a secure and efficient way.

What solutions does Komgo provide for financial institutions?

Banks and other financial institutions use Komgo’s solutions both as members of the Komgo multi-bank network and as white-label components of their e-banking portals. Integrated with existing back-office systems and enhanced by Komgo’s use of AI, these solutions enable authenticated, data-rich communication with corporates and automate workflows for bank guarantees, sureties, letters of credit, and other structured financing processes.

What solutions does Komgo provide for corporates?

Corporates use Komgo’s solutions to centralize and streamline their trade finance activity across all their financing partners. By providing consistent digital workflows and unrivalled connectivity to the wider financing ecosystem, Komgo helps global treasury teams work more efficiently and reduce operational workload.
Beyond digitalizing processes, Komgo also offers a modern way to communicate with banks and insurers, removing the need to log into multiple e-banking portals or rely on email.

Why do corporates and financial institutions choose Komgo?

Trusted across industries including commodities, defence, aviation, manufacturing, and industrial engineering, Komgo is the proven partner backed by deep trade finance expertise and years of hands-on experience.
Corporates and financial institutions rely on Komgo to support their shift toward automated trade finance. Authenticated data exchange removes the need for paper-based transactions, and Komgo clients can accelerate transaction processing and gain real-time visibility across every stage of trade finance transactions.

Questions about Komgo’s products

What is GTK by Komgo?

Designed for corporate clients, GTK is Komgo’s SaaS trade finance management system (TFMS). It simplifies the daily management of trade finance operations by centralizing all incoming and outgoing trade instruments into a single workspace and supporting their full lifecycle.
GTK offers integrated connectivity with banks and insurers via Konsole, Market, the GTK web portal, or SWIFT, and includes AI-driven capabilities such as automatic LC draft generation, bank fee calculation, text-vetting automation, and embedded analytics for real-time insights.

What is Konsole by Komgo?

Konsole is the primary communication channel through which corporates and financial institutions exchange trade finance information. Financial institutions subscribe to Konsole to receive instructions from Komgo’s corporate clients and to issue or advise their trade instruments.
Through Konsole APIs, it integrates with most trade banks’ back-office systems, and its user interface can be deployed in a white-labeled version, branded with the institution’s own colours, to offer corporate clients a modern trade finance e-banking portal.

What is the difference between GTK and Konsole?

GTK (Global Trade Konnect) is Komgo’s flagship business application for corporates. It centralizes daily trade finance operations, and provides workflows, analytics, and AI-driven features tailored to enterprise corporate needs.
Konsole is the communication channel used by financial institutions and corporates to exchange structured trade finance information through standardized messaging and APIs. The Konsole user interface is primarily adopted by financial institutions and can be deployed in a white-labeled version as a modern trade finance e-banking portal for their private corporate clients.

In short:
GTK = the best corporate application to manage trade finance
Konsole = the communication channel linking financial institutions to all corporates (Komgo clients and private clients)

How long does it take to implement Komgo’s solutions?

Clients typically go live in around 30 days. Some pre-configured solutions can be live in as little as 2 days, while more complex, multi-entity projects with deep back-office integration may take longer. Komgo’s implementation approach is phased so that clients can start using the platform quickly and then expand scope over time.

Komgo & its ecosystem

Is Komgo only used for commodity trade finance, or does it cover other industries?

Komgo is not limited to commodity trade finance. Early adopters were active in commodities, but today multinational and mid-size corporates span manufacturing, defence, civil engineering, electronics, mining, aerospace, automotive, and building materials, and Komgo also serves leading international and local financial institutions active in trade finance. More than 400 clients of all sizes use Komgo’s solutions worldwide, with approximately $1 billion in transaction value flowing through the network each day

How does Komgo compare to other digital trade finance providers?

Komgo stands out by combining a true multi-bank trade finance network with mature SaaS business applications, whereas competitors focus on isolated portals or narrow point solutions. Its team brings deep expertise across both commodity and global trade finance, and Komgo’s solutions integrate directly with major bank back-office systems (such as CGI and TI+) as well as corporate ETRM and TMS platforms (including Quantum and Integrity from FIS).

Focused on the corporate-to-bank experience, Komgo delivers the most comprehensive AI use cases in trade finance and operates the largest combined network of corporates and banks. This unique combination of scale, interoperability, and reliability sets Komgo apart from other digital trade finance providers.

What awards and certifications does Komgo hold?

Komgo has received several industry awards recognising its leadership in digital trade finance, including Euromoney’s 2025 “World’s most innovative software provider for trade finance”. In 2024, Komgo was also recognised as GTR Best Trade Finance Fintech and received the AFTE “Best Trade Finance and Supply Chain” award, as well as innovation prizes alongside partners such as ING, Sucafina, BB Energy, and SGTraDex for work on digital guarantees, borrowing base facilities, and global trade finance digitalisation.

Komgo also holds key security and compliance certifications, including SOC 2® and SOC 1 for its controls around security, availability, confidentiality, and data integrity, and eIDAS Level 2 electronic signature certification. In addition, Komgo is SWIFT certified, ensuring secure and standardised financial messaging between corporates and banks.

How does Komgo can connect to multiple trade finance banks and insurers?

Komgo connects corporates to multiple trade finance banks through its multi-bank network and various communication channels. Via Konsole APIs (ICC compliant) integrated with banks’ back-office systems, SWIFT connectivity, and its secure SaaS business applications such as Market, Komgo provides a single connection point to approximately 500 financial institutions worldwide. This allows corporates to manage guarantees, letters of credit, and other trade finance instruments with all their financing partners from one application.

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