Aussie fintech wins Barclays' global “Open Innovation Challenge 2018”

and Telecoms in Barclays Corporate Banking Division.

“This is the first time we’ve hosted this event in the UK, which is a testament to the growing strength and depth of VC-backed companies in our home market.”

Gaining international exposure through competitions such as this one is an important aspect of Trade Ledger’s “born global” strategy, designed to tackle the GBP1.2 trillion under-supply of business credit globally.

“We are delighted that Barclays has chosen the Trade Ledger business lending platform as the winner of this global challenge,” Martin McCann, CEO and founder of Trade Ledger.

“It was an incredible opportunity to be able to present our tech and strategy for helping banks address the massive under-supply of business credit, to such a large and diverse group of the bank’s technology leaders.

“We believe the platform will help Barclays accelerate their transformation into data-driven lending, and that our selection proves the unique value of the Trade Ledger platform to support the bank’s innovation and growth ambitions.”

Further discussions on a partnership with Barclays are ongoing, and will help Trade Ledger prove product marlet fit within tier 1 banks globally. —

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