TradeIX announces expansion of its Global Headquarters in Dublin

Award-winning FinTech company to add 70 jobs to service global growth

Dublin & London, 15^th March 2018 – Minister for Finance Paschal Donohoe TD today announced that TradeIX, the award-winning technology platform provider driving innovation in trade finance, is expanding its Global Headquarters in Dublin by adding 70 new jobs across engineering, sales, customer service, and product development.

TradeIX is a fast-growing, global company founded in 2016, by a team of experts in trade finance, blockchain technology and enterprise software. It challenges the status quo of today’s siloed and manual-intensive trade finance solutions, by bringing innovation to banks and their corporate clients.

In 2017, TradeIX was selected as the technology platform for the Marco Polo Network, a joint undertaking by R3, TradeIX, and many of the world’s foremost financial institutions including BNP Paribas, ING, Commerzbank, LBBW, Anglo-Gulf Trade Bank, NatWest, Natixis and SMBC.

TradeIX is supported by the Irish Government through IDA Ireland.

Speaking from London, Minister Donohoe who met with the TradeIX senior leadership team today said “TradeIX is an award-winning, fast-growing technology platform provider and as such is a welcome addition to Ireland’s growing FinTech community. This location decision underscores the attractiveness of Ireland for investment in highly-skilled, knowledge intensive areas of activity.”

“TradeIX established its Global Headquarters in Dublin with over 35% of its workforce based in the Irish capital,” said TradeIX Founder and CEO Robert Barnes. “We are building the world’s first distributed trade finance platformpowered by Corda blockchain technology, and the Irish operation plays a pivotal role in developing and scaling the company’s solutions”, he added.

Welcoming the announcement, Martin Shanahan, CEO IDA Ireland said “Ireland’s global reputation as a blockchain centre of excellence, attracting international companies to make use of Ireland’s well-developed technological and research sectors, is strengthened by TradeIX’s decision to expand in Dublin.  I wish TradeIX the ongoing support of IDA Ireland as it serves its growing customer base from Ireland.”

About TradeIX
TradeIX, is an award-winning technology platform provider and network operator driving innovation and driving change in facilitating the flow of goods, money, and credit in the $8 trillion trade finance market. Its distributed TradeIX Platform is delivered to the corporate clients of the Marco Polo member banks via ERP-embedded applications. The distributed TradeIX Platform is enabling the Marco Polo Network, the world’s fastest growing trade finance network.

Some of the smartest financial institutions and companies in the world work with TradeIX, including ING, BNP Paribas, DHL, AIG, Oracle, and many other Fortune 500 companies from various industries. TradeIX is headquartered in Dublin with offices in London, Kettering and Singapore and operations in Germany and the US. For more information visit: https://tradeix.com/