Olea bags $100m in warehouse facility from HSBC and Manulife’s arm

By Gloria Mathias

Olea Global Pte Ltd (Olea), a Singapore-based digital infrastructure platform, has secured $100 million of warehouse financing from HSBC, one of the world’s financial institutions, and Manulife | CQS Investment Management (Manulife | CQS), a global multi-strategy credit-focused asset manager, headquartered in London.

The facility will provide Olea with additional liquidity to grow its business. HSBC and Manulife | CQS’ support reflects their confidence in Olea’s business model, operational capabilities, and long-term growth potential.

Amelia Ng, CEO of Olea, said, “This financing arrangement is a pivotal moment for Olea. Securing this $100 million facility from HSBC and Manulife | CQS marks a major milestone for our company. This is a testimony to our effort in building a trusted platform for global trade participants. We are excited about the new opportunities this brings as we continue to scale and grow.

“Olea has demonstrated remarkable growth and resilience in a competitive market. We are glad to be able to support their growth with this financing facility, which will provide them with the resources needed to continue their expansion. This also underscores HSBC’s continued commitment to support new economy businesses who provide innovative solutions in this region to thrive,” said Jessica Wu, Head of Non-Bank Financial Institutions (NBFI) at HSBC Singapore.

“Our mezzanine financing is designed to provide Olea with the flexibility required to execute its strategic plans. We are excited to be part of their journey and for the opportunity to contribute to their ongoing success,” said Jason Walker, Co-CIO, Manulife | CQS.

Olea looks forward to leveraging this facility to strengthen its market position further and explore new opportunities that will benefit both its clients and partners. The company’s digital infrastructure platform is more than a technological solution; it is a catalyst for economic growth. Through its approach to trade finance, Olea aims to transform the landscape for smaller suppliers in developing and emerging markets, bridge the financing gap, and foster greater economic inclusion.