komgo®

komgo® is a fintech company that runs a digital platform for trade finance. It began as a blockchain-based system for financing commodity trades and now serves banks, corporates and other parties involved in trade transactions.

What komgo® offers

• Multi-bank trade finance platform — a shared digital network where companies and their banks coordinate trade workflows.
• Konsole API — lets banks connect the platform to their own back-office systems.
• Financing and insurance tools — help commodity traders manage their working capital.
• Secure document exchange — supports customer identity checks and helps stop forged documents circulating.
• Trakk verification — a verification service listed on the company site.

Who it works with

The company names financial institutions and corporates as its two main audiences. It also supports traders, lenders and insurers. Its site features customer stories from banks including ING, MUFG and Standard Chartered.

Key facts

• Acquisition: the company states it has bought GlobalTrade Corporation to expand its digital trade services
• Origin: started as a startup applying blockchain to commodity finance
• Audiences: banks, corporates, traders, lenders and insurers