French Treasury Management fintech Fipto has raised €15 million in seed funding that it will use to accelerate its platform that enables companies to manage their corporate treasury and make international payments in fiat and digital currencies using blockchain technology.
This funding round, which includes Serena (lead investor) and Motier Ventures, follows Fipto’s registration as a Digital Asset Service Provider (DASP) with the French Financial Markets Authority (AMF) in March, which confirms that its services meet strict regulatory requirements.
Fipto, a payment and cash management service that links traditional and digital currencies in complete security and compliance. Serena and Motier Ventures convinced by Fipto founders’ combined expertise in payments and blockchain technologies.
Fipto is a global B2B payments and treasury management solution that enables businesses to convert and send any currency by harnessing the full value of blockchain: speed, cost efficiency, and transparency.
Combining the best practices of traditional payment with the capabilities of blockchain technology, Fipto empowers its users with a compliant-proof platform for fast, safe, and 24/7 cross-border payments.