Ljubljana, Slovenia, September 26, 2023 – CargoX, a leading innovator in digital trade solutions, has joined forces with Enigio, a pioneer in electronic document management, to establish a groundbreaking partnership that is set to reshape the landscape of digital trade. CargoX and Enigio, both independent electronic trade document solution providers have collaboratively developed and functionally […]
Category: Press Release
Lloyds Bank completes first digital trade transaction under new UK legislation
Lloyds Bank has completed what it believes to be the first transaction under the UK’s new Electronic Trade Documents Act (ETDA) which came into force today [20 September 2023]. The ETDA gives electronic Bills of Exchange, Bills of Lading and other commercial documents the same legal footing as paper documents. The legislation is designed […]
Lloyds Banking Group invests €3 million in Enigio to accelerate use of digital documentation in trade
Lloyds Banking Group has invested €3 million in technology company Enigio to expand its use of digital documentation in trade. The €3 million investment will allow Enigio to expand its bespoke solution, trace:original, which removes the need to physically transfer paper documentation within trade transactions. Lloyds Banking Group led Enigio’s latest funding round, with existing […]
What next for the Trade Documents Bill?
We are delighted to sponsor Trade Finance Global’s (TFG) latest webinar, ‘What next for the Trade Documents Bill’, in collaboration with UK Export Finance and the Department for Business & Trade. The webinar will be hosted on 13th September 2023, one week before the Electronic Trade Documents Act (ETDA) comes into force. The ETDA, enacted […]
Allen & Overy welcomes Enigio into its digital assets and Legal Tech Fuse cohort to encourage industry collaboration on digitalisation of trade finance
London – Fuse, Allen & Overy’s tech innovation hub has welcomed Enigio into its current cohort. Allen & Overy and Enigio expect the Electronic Trade Documents Act to be a further catalyst to digitalisation of trade finance given the importance of English law in global trade and trade finance. The new law means that, under […]
TFG Distribution Finance goes live, executes first trade transaction
London, 25 July, 2023 – In a significant move to bridge the trade finance gap, Trade Finance Global (TFG) has launched TFG Distribution Finance. The initiative aims to drive liquidity into the trade finance market, from institutional capital, banks, and credit funds, facilitated by TFG and its partners. As a leader in data-led origination, TFG’s […]
Enigio Awarded as 2023 Technology Pioneer by World Economic Forum
The World Economic Forum announces selection of the 100 most promising Technology Pioneers, companies that are tackling such issues as sustainability, climate change and healthcare. Enigio, which offers a safe, fast, cost-efficient, and sustainable solution for freely transferable electronic original documents that can replace billions of paper documents used today in global trade, is […]
First digital end-to-end trade transaction completed using trace:original, with multiple parties and document types including eBL
Stockholm, Sweden, May 31, 2023 – Enigio AB today announced that the first digital end-to-end trade document transaction was completed using its solution for digital original documents – trace:original. The goods shipped were paper products from Antwerp, Belgium to Delhi, India. The transaction included multiple parties and types of documents that all worked seamlessly together. […]
Lloyds Bank and Enigio launch new trade digitisation partnership
PRESS RELEASE Long-term partnership will expand the use of Enigio’s blockchain-powered trace:original technology in digital trade documentation and trade finance products. Partnership follows Lloyds Bank and Enigio’s involvement in the UK’s first digital promissory note and a digital bill of exchange transactions. Lloyds Bank and Enigio have launched a new long-term partnership to support greater […]
TradeRiver onboards Enigio’s trace:original solution, to strengthen and enhance its supply chain platform with digitisation of trade documents
London, UK March 28, 2023 – Enigio AB and TradeRiver today announced that they have successfully signed an agreement, whereby Enigio’s trace:original will be fully integrated into the TradeRiver supply chain platform, allowing SME’s to trade easier and faster with fully digital Promissory Note. The combination with TradeRiver’s in depth competence in supply chain management […]