VAKT has established a digital ecosystem for physical post-trade processing. Leveraging blockchain technologies, we provide a single source of the truth for the trade lifecycle. This eliminates reconciliation and paper-based processes, enhancing efficiency and creating new trade finance opportunities.
Unlike other solutions focused on a narrow piece of the deal life-cycle, VAKT is transforming the full trade life-cycle. VAKT is invested in by thirteen leading energy companies and banks who have committed to embracing Blockchain technology, working together to develop an industry-wide solution to age-old problems.
Unlike other solutions focused on a narrow piece of the deal life-cycle, VAKT is transforming the full trade life-cycle. VAKT is invested in by thirteen leading energy companies and banks who have committed to embracing Blockchain technology, working together to develop an industry-wide solution to age-old problems.
Location: United Kingdom, England, London
Employees: 51-200
Total raised: $5M
Founded date: 2018
Investors 3
| Date | Name | Website |
| - | Saudi Aram... | saev.com/ |
| - | Aramco Ven... | aramcovent... |
| - | ING Group | ing.com |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 28.01.2020 | - | $5M | Saudi Aram... |
Mentions in press and media 3
| Date | Title | Description |
| 31.05.2021 | ING Groep N : backed Komgo raises CHF26 million (23.7 million) in fund round | ING-backed software company Komgo has raised CHF26 million (€23.7 million) in its third funding round from a consortium of investors including ING Ventures. Komgo digitalises trade finance with a platform that automates finance transactions... |
| 31.05.2021 | ING GROEP N.V. ING Groep N : backed Komgo raises CHF26 million (23.7 million) in fund round | ING-backed software company Komgo has raised CHF26 million (€23.7 million) in its third funding round from a consortium of investors including ING Ventures. Komgo digitalises trade finance with a platform that automates finance transactions... |
| 12.02.2019 | Fact or fiction? Houston blockchain expert addresses common misconceptions | Blockchain has become one of the most talked about emerging technologies, often mentioned in the same breath as artificial intelligence, virtual reality, Internet of Things, and big data technologies. But as a relatively new technology, it'... |