Company

Newsroom

We're mostly on LinkedIN, but here are some highlights from Komgo and our collaborators.
Bladex Joins Komgo Network To Drive Innovation In Trade Finance

Corporate clients can now reach Bladex on-platform in the context of price discovery and booking of risk cover and discounting transactions.

Industry Leaders Release Visual Trade Finance Taxonomy

New Trade Finance Taxonomy developed in partnership with ITFA simplifies the complex landscape of trade finance. Co-produced by Komgo Product Owner Izabela Czepirska together with several leading financial institutions and industry experts, the Taxonomy offers a common lens through which to view the entire trade finance asset market.

Komgo Master Class - Ask Your Digital Agent

The first episode in our Digital Agent master class series explains how Komgo solutions are bringing transparency and security to syndicated facilities.

Henry Bath partners with Komgo for document authentication

Trakk registered documents can be verified by the Henry Bath website, where all you need to do is drag and drop the pdf into the dedicated space.

Blockchain Proponents Face Reality Check As Hype Fades

GTR's Eleanor Wragg writes that whether a system runs on blockchain or not has become something of a red herring.

FIATA launches paperless FBL offering, leveraging Komgo’s Trakk technology.

The update will ease the workflows of FIATA members, allowing them to become digital freight-forwarders in a move from paper documents to paperless FBLs, which can be issued directly through their everyday tools.

SGS Natural Resources enhances digital protection of agricultural commodity reports and certificates through Komgo collaboration.

The deployment will help customers manage their operational risk by providing secure access to a document’s history, enabling them to verify its true origin and content.

The Rise Of The Digital Agent

Digital borrowing base supported by Komgo wins TXF Overall Commodity Finance Deal Of The Year Award: Sucafina lauded for successful closing of USD500mn two-year sustainability-linked senior secured borrowing base facility led by ING.‍

Komgo Achieves SOC 2® Type II Compliance

Our recent SOC 2® Type II certification reaffirms Komgo’s commitment to the highest standards in information security, confidentiality and availability, as we continue delivering a benchmark software experience for banks and corporates to execute transactions in a safer, more secure technology environment.

Komgo named Digital Agent on OQ Trading borrowing base managed By ING Geneva.

OQ Trading (OQT) has become one of the first corporates to nominate Komgo as Digital Agent on their flagship borrowing base managed by ING, following renewal of the facility in mid-June 2021.

Introducing Your Digital Agent: Ep1 Stock Reconciliation

This webinar series introduces your Digital Agent by showcasing how we’re helping clients solve borrowing-base specific pain-points through simple and scalable workflow solutions which deliver security and efficiency gains.

BB Energy closes digital borrowing base with Komgo as Digital Agent – A first in the U.S.

The deal marks the first digital borrowing base announced in the US. ING Capital LLC acted as Joint Lead Arranger and Bookrunner in the syndication and will act as Administrative Agent for the Facility. Natixis acted as Joint Lead Arranger and Citibank, N.A. as Cash Management Bank.

Komgo launches solution offering in Hong Kong

Komgo solutions are now available to users in Hong Kong, with offices of Societe Generale and Rabobank among the first financial institutions (FIs) to deploy the network with their Asian customers.

Webinar - Trade Finance: Bridging the gap in times of AFCFTA

Can we harmonise disparate trade finance processes in Africa, and thereby pave the way towards digital transformation for the continent’s banks and trading companies? Souleïma Baddi joins the Africa CEO Forum digital event to unpack these and more questions. Catch the replay here.

Komgo welcomes appointment of new Board of Directors

Several new names have joined the existing structure, further strengthening the composition and combined experience of the firm’s highest governing body.

Digicom 2021 - Commodity Trading Week

What do our clients expect from their transformation journeys? Replay CEO Souleïma Baddi's keynote address to Digicom at Commodity Trading Week 2021, complete with lessons learned and our three c's of digitalisation: customisation, control and connections.

Komgo Funding Round 2021

Komgo has successfully closed its third funding round with more than CHF26 million in new equity raised.

Komgo named Digital Agent on Sucafina borrowing base administered by ING.

SUCAFINA closes next-generation borrowing base using our digital solutions to coordinate with a global network of warehouses to streamline stock reconciliation.

Webinar - A Live Solution Disrupting Fraud Risk Mitigation

Demonstration hosted with MITech showcasing Komgo's document tracking solution, Trakk, integration into bank middle-office system to help build real-time visibility on the status of collateral.

There are two types of companies... Those who know they’ve been hacked, and those who don’t.

Souleïma Baddi explains how a riskier landscape demands a trusted system in AGEFI, Nouvelle Agence Économique et Financière's latest Commodities Magazine.

An innovative platform to digitalise trade finance.

Natixis encourages their clients to move their electronic instructions onto Komgo, to usher-in new levels of convenience and security.

Komgo welcomes Raiffeisen Bank International AG

Corporate clients will soon be able to reach RBI on-platform to send secure and authenticated instructions regarding the opening, issuance, amendment and utilisation of documentary credit instruments, among other functionality.

International Women's Day 2021

Komgo's very own Izabela Czepirska, PhD, is nominated for the 2021 Women in Trade publication curated by Trade Finance Global (TFG), in the tradetech category.

Komgo Achieves SOC2® Type I Compliance

Komgo has successfully obtained the SOC 2® Type 1 (System and Organization Controls) certification as a result of an external audit of our policies and internal controls.

KOMGO and MITECH announce integration partnership.

Komgo and MITECH increase collaboration providing end-to-end workflows to enable straight-through-processing and mitigate fraud risks.

Komgo welcomes Gazprombank (Switzerland) Ltd

Corporate clients will soon be able to exchange with Gazprombank (Switzerland) Ltd. around documentary credit instruments (LCs, SBLCs, BGs), to request credit appetite information and discount receivables, among other functionality.

Lets talk innovation with ING and Komgo

What drives digitalisation, what challenges arise and how can companies keep customers satisfied while undergoing disruptive change? Discover these topics and more as we talk innovation with Komgo Chairman Annerie Vreugdenhil and CEO Souleïma Baddi, hosted by Jonathan Groubert and ING.

SOCAR Trading completes first transaction on Komgo

SOCAR Trading begins implementing Komgo - enabling simple, efficient and more transparent transactions.

Komgo welcomes Sberbank (Switzerland) AG

Sberbank is the first Russian bank to join the Komgo Network to speed up international trade finance, via its Zurich based entity Sberbank (Switzerland) AG.

Webinar - Trade Finance: where do we go from here?

Experts from Clyde & Co, Aon, Komgo and Rabobank explore some of the key problems that the Trade Finance industry is facing today.

Komgo welcomes Sumitomo Mitsui Banking Corporation

Corporate users will soon be able to reach SMBC on-platform to request credit appetite information and the perform opening, issuance and amendment of trade finance instruments.‍

​First MUFG trade using blockchain to mitigate fraud for commodity trade finance transactions.

MUFG has completed its first complete transaction using Trakk, a unique blockchain system that builds documentary audit trails to guard against fraud and falsification.

Komgo appoints new CFO

Welcome to the team Kris Van Broekhoven.

Komgo acquires Trafec multi-bank platform

Komgo has enhanced its fully functional, secure and integrated trade finance software offering through the acquisition of established digital platform: TRAFEC.

Komgo rated one of the key trade finance tech developments of 2019

via GTR Review.

Komgo opens new office in Singapore, our first location outside of Europe.

CEO Souleïma Baddi speaks to Nasdaq Trade Talks about this key new location.