Bluecell, STACS partner for blockchain tech supporting green loans

Bluecell will connect its loans-matching engine with GreenSTACS.

Singapore fintechs Bluecell and STACS are working together to commercialise GreenSTACS, an industry-wide infrastructure towards green and sustainability which runs on top of STACS’ patent-pending blockchain technology.

The partnership largely focuses on supporting effective green and sustainability-linked loans, amongst other ESG financing formats.

The agreement formalises the partnership and mutual commitment between Bluecell and STACS at the strategic and working level. Bluecell will connect its live end-to-end loans matching engine integrated with MyInfo to GreenSTACS, powered by distributed ledger technology (DLT).