Standard Chartered And Linklogis Launches Olea For Sustainable Trade Finance

As per the latest news on Sept. 8th, 2021, Standard Chartered, a leading banking group, and Linklogis, a supply chain finance technology provider in China, have declared a joint venture to set up Olea. The fully-digitized trade finance origination and distribution platform are focused on catering to the requirements of institutional investors who are looking for opportunities in an alternative asset with businesses in need of acquiring supply chain financing.

The blockchain trade finance platform named Olea is headquartered in Singapore and will be operated by Amelia Ng (SC Ventures, the innovation, fintech, and ventures unit of Standard Chartered) as CEO and Letitia Chau (Vice-Chairperson and Chief Risk Officer of Linklogis) as deputy CEO

According to Ng, “By considering Standard Chartered’s global trade and proficiency in risk management as well as quality information about Asia, Africa, and the Middle East with Linklogis’s advancements in supply chain technology, Olea is well-positioned to restructure trade finance and introducing power for good.”

“Olea is focused on disrupting the existing trade finance structure by coordinating suppliers’ financing requirements with alternative liquidity from investors looking for a compelling asset class associated with the real economy.”

“Standard Chartered is not only one of the institutional shareholders in Linklogis, but also a critical strategic partner. Since 2019, Standard Chartered and Linklogis have achieved several projects together. The above-mentioned new joint venture, Olea, provides an agile and strong platform with the use of blockchain and AI technology to boost existing efficiency and transparency for suppliers looking for cost-effective and easy financing.”

Recommended Read: Vietnam’s HDBank joins HSBC, StanChart-backed Contour trade finance blockchain

Olea’s Focal Points:

According to this platform’s supporters, Olea will help bring together:

1. Institutional investors looking for opportunities in an alternative asset class

2. Organizations who need supply chain financing, subject to administrative approval

Olea’s Span

For an uninterrupted operation of global trade, and sustainable economic development, trade financing is essential. This becomes even more important when businesses from all over the world are trying to get back to the post-pandemic level and associated lockdowns. In effect, Olea expects to bring Linklogis and Standard Chartered together on one platform. In addition to this, it also hopes to demonstrate an upcoming generation of supply chain financing by facilitating:

1. Visibility 

2. Risk evaluation
3. Fulfillment of institutional interest for elective ventures

Through Olea’s risk analytics and safe platforms, the investors can search for, and access, various venture options with their returns that fit best with their required risk profiles. By doing this, the blockchain platform gives a transparent, possibly speedier with issues to access working capital for supply chain members regardless of size:

1. Investors can access a wide range of trade finance assets across the world, and especially in Asia, with reliable knowledge of asset quality 

2. Supply chain members can access financing with the help of transparent and easy-flowing processes.
As per Charles Song, Founder, Chairman, and CEO of Linklogis, “The approach and implementation of arising advancements have become an essential leading force for the worldwide economic change, and latest technologies are being applied in several fields such as trade finance and supply chain finance,”

“Being the largest technology service provider for supply chain finance, Linklogis is capable of bringing its exceptional operating experiences and industry-driving technologies into Olea. We believe that the joint attempt between two firms can lead to a flexible, sustainable, and scalable supply chain financing business recommendation.”

Enterprise Times: what does this mean

The relationship between Standard Chartered and Linklogis started in February 2019 when a memorandum of understanding was signed by both the firms to discover the co-formation of arrangements that upheld the supply chain finance ecosystem. They executed their first joint deep-tier supply chain financing transaction in August 2019.

Later, they performed other transactions and, in January 2020, Standard Chartered declared a strategic venture in Linklogis. This demonstrated the Bank’s first investment in a supply chain platform in China.

Recommended Read: DBS and Standard Chartered Launch Blockchain Trade Finance Platform to Curb Trade Finance Fraud

In terms of financing, this could reflect another opening (in comparison to more conventional trade finance activities). Whether Olea can prosper when competing against the extensive association structure of TradeLens remains an open doubt. Trade finance as a solitary “strength” may have become outdated, even with the latest financing sources that Olea hopes to get.

Other news

Most Recent Blogs View All Blogs

08 Feb

Blockchain's Impact on Trade Finance: Shaping Global Commerce

Trade financing facilitates global commerce but involves antiquated systems reliant on manual paperw...

06 Feb

India's Trade Dynamics Amidst the Red Sea Crisis

As of now, there has been no significant impact on India's exports and imports owing to the crisis i...

31 Jan

Choosing the Right Trade Finance Instrument for Your Business

Understanding Trade FinanceTrade finance facilitates transactions and lowers risks for buyers and se...


Emerio Banque is an innovative global financial institution incorporated in England and Wales with Legal Entity Identifier 875500DGPPWAFABBK130. Emerio Banque does not offer its products and services to businesses and/or persons registered in the United Kingdom.

No information on this website should be construed as a solicitation, offer, recommendation, and representation of suitability or endorsement of any security, investment or strategy.

Important Notice

Emerio Banque would like to advise its customers to report any suspicions which they may have regarding the identity of any intermediary who promotes products or services offered by us or any intermediary bearing similar names. You should verify with Emerio Banque by calling our Customer Service Number on +44 203 059 7831 or emailing

Please also be aware of bogus SMS messages and voice message calls or fraudsters who impersonate the staff of Emerio Banque.

We have recently become aware of a number of entities with different names misrepresenting themselves as associates, partners or agents of Emerio Banque.

Please be informed that Emerio Banque is not associated with nor do we have any business connections or dealings with such institutions.

Emerio Banque takes all information regarding suspicious fraudulent activity very seriously. Please immediately inform us at if you suspect or are approached by persons misrepresenting or impersonating Emerio Banque and/or its officials. We will make investigations and will take legal action where necessary.