About Contour

Leading the digitalisation of trade finance

What is Contour?

Contour is a global network of banks, corporates and trade partners working together to revolutionise the trade finance industry.

Formed by a group of leading trade banks, we're building a new global standard for trade by removing barriers and transforming trade finance products, starting with Letters of Credit (LC).

Contour's goal is simple: to create a decentralised global trade finance network that enables everyone to collaborate seamlessly and securely in real time, on one common platform.

The result is a highly efficient, digital trade network that will reduce complexity, cost and optimise efficiency.

Our Mission

To build a global decentralised network for trade powered by innovation, trust and collaboration.

Our Vision

To create a better and brighter future for businesses and communities by making global trade accessible, digital and secure.

Our Key Value Proposition

How is Contour adding value for its customers?

Here’s how we're different.

For Banks

Industry-Backed

Industry-Backed

We are backed by nine leading trade banks to solve the longstanding inefficiencies in trade and trade finance. They include:

  • Bangkok Bank
  • BNP Paribas
  • Citi
  • CTBC Bank
  • HSBC
  • ING
  • SEB
  • SMBC
  • Standard Chartered

Industry-Backed

We are backed by nine global banks to solve the longstanding inefficiencies in trade and trade finance. These include:

  • Bangkok Bank
  • BNP Paribas
  • Citi
  • CTBC Bank
  • HSBC
  • ING
  • SEB
  • SMBC
  • Standard Chartered

Progressive

Future Ready

Future Ready

We are continuously innovating and creating new products in trade finance using the latest technologies and trends.

Future Ready

We are continuously innovating and creating new products in trade finance using the latest technologies and trends.

Stability

Scalable

Scalable

Our decentralised network is built for scalability with low barriers to entry for corporates and banks.

Scalable

Our decentralised network is built for scalability, providing low-cost barriers to entry for corporates and banks.

Our History

April 2018

Global banks join together to test and validate next generation technology for trade finance on R3's Corda platform.
2018

November 2018

HSBC and ING complete second live trade finance transaction for a shipment from India to Peru.

February 2019

Global trial to explore the benefits of enterprise distributed ledger technology for Documentary Trade.
2019

March 2019

Over 50 banks and corporates join technology trial.

May 2019

Successful trial to simulate digital Letter of Credit transactions across 27 countries and 6 continents.

July 2019

Rio Tinto and Cargill pioneer industry's first fully integrated paperless trade — reducing time taken to create, issue, approve and digitally sign commodity contracts from several days to under 2 hours.

August 2019

Standard Chartered Bank executes first cross-border Letter of Credit for the oil industry, paving the way for the transformation of Documentary Trade.

September 2019

HSBC processes Yuan-denominated Letter of Credit over the platform, the first transaction of its type to use Yuan and the first to utilise this technology.

January 2020

Commercial launch of Contour's Beta network.
2020

October 2020

Contour's official launch into live production.

June 2021

Successful completion of Series A+ investment round with SMBC as a new investor.
2021

July 2021

Launch of Contour’s Future of Finance Lab that will create new and innovative digital trade finance products for the industry.

The Leadership Team

Carl Wegner

Carl Wegner

Chief Executive Officer
Aaron Seabrook

Aaron Seabrook

Chief Operating Officer
Joshua Kroeker

Joshua Kroeker

Chief Product Officer

Thinking of a career with us?

We are seeking talented and passionate individuals to work towards our dream of digitising global trade to create a brighter future for businesses and communities.

Visit our Careers page for more details.