STANDAGE
Blockchain-based digital trade and payment settlement platform.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
* | N/A | Early VC | |
| Total Funding | 000k | ||
STANDAGE Inc. is a Japanese technology company that provides a suite of digital services to modernize international trade for small and medium-sized enterprises (SMEs). The company was founded in March 2017 by CEO Akinori Adachi and COO Kenta Omori. Adachi, formerly of Itochu Corporation, was inspired by Bitcoin and the potential of fintech to revolutionize international trade, a field he found to be lagging in digital adoption. He and Omori, his junior colleague from Itochu, established STANDAGE to address the trade inequalities faced by companies due to their size or national circumstances.
The company's core offerings aim to create a more accessible and efficient global trade environment. Key services include "DigiTrad," a digital trade platform, and "Trade Cloud," a system for managing trade orders and negotiations, which incorporates AI for automatic negotiation functions. A significant feature is "DigiTrad Payment," a service using blockchain and stablecoins to create a digital safe for importers and exporters, ensuring secure and fast transactions. This system holds funds until the delivery of goods is confirmed, mitigating payment risks. STANDAGE also offers a comprehensive BPO service called "Omatase Trade" (Leave-it-to-us Trade), which provides one-stop support for companies new to exporting, covering everything from market research and sales channel development to logistics and settlement.
STANDAGE primarily serves SMEs in Japan, assisting their expansion into overseas markets, particularly in Africa and other regions with underdeveloped financial infrastructure. The business model combines platform-based services with hands-on support from a team with experience from major trading houses. Revenue is generated through its various digital trade solutions and packaged service offerings. The company has successfully raised over $4 million in funding and is backed by investors including NTT Data Corporation, Tokio Marine & Nichido Fire Insurance Co., Ltd., and Kepple Africa Ventures.
Keywords: digital trade platform, blockchain trade finance, international trade settlement, SME export support, trade digitalization, stablecoin payments, fintech solutions, import-export platform, Africa trade, supply chain technology, B2B trade services, logistics management, cross-border payments, trade risk management, automated trade negotiation