BBVA Backs Olea to Scale Digital Trade Finance Across Asia

BBVA has led a USD30m funding round in Olea, a digital supply chain finance platform, as the firm looks to scale digital trade finance across Asia and other key global corridors.

The funding round included XDC Network, theDock and SC Ventures, the innovation arm of Standard Chartered.

BBVA and Olea said they will deepen a partnership signed in June 2025, developing digital trade finance solutions using AI, data analytics and blockchain to strengthen risk management and supply chain financing.

BBVA said the collaboration enhances its capabilities in Asia, a major hub for global trade, while supporting client flows linking the region with Europe and the Americas.

Olea said it has facilitated more than USD3bn in financing for over 1,000 clients across more than 70 trade corridors.