Funding

FreeBnk Funding News – Lithuania-based FreeBnk Raises $3M Combined Equity and Token Funding

Jul 4, 2024 | By Team SR

FreeBnk, a Ethical Banking for the next generation has raised $3M Combined Equity and Token Funding from Founderheads, ChaiTech Ventures, LVT Capital, and Lavender Capital.

SUMMARY

  • FreeBnk, a Ethical Banking for the next generation has raised $3M Combined Equity and Token Funding
  • FreeBnk's aim is to apply the technologies of the future, to solve the problems of today.

This investment will fund further research and development of a product that renders investment in digital assets more accessible, safer, and more customisable, thus tailored for the special needs of digital novices.

Read also - Natcap funding news – London-based Natcap Raises €9.2 Million in Series A Round Funding

FreeBnk is founded by a dedicated team of entrepreneurs with a vast amount of experience within financial technology, striving to change for the better how we all interact with money across the world.

“Our goal is to reduce the complexity that often intimidates users from entering the crypto sphere by offering a platform that provides a top user experience for our clients,” says Yunus Emre Ozkaya, CEO of FreeBnk. “First and foremost, we see ourselves as the pioneers in the RWA industry, as we built a product where real people can interact with physical assets, not just institutions. As the real estate market expands, we see substantial value in investors expanding their portfolios to include RWAs, benefiting from its inherent stability while enhancing their investment prospects.”

“We are thrilled to be a part of a project like FreeBnk that prioritizes greater user control over digital assets,” says Sarunas Legeckas, General Partner of Founderheads. “In today’s changing financial sector, empowering users with the ability to manage their assets securely and freely is essential. FreeBnk’s commitment to decentralization aligns with our vision of reshaping how users interact with digital assets.”

About FreeBnk

FreeBnk symbolises connectivity of people & communities via money. A new way to ethically and organically generate wealth wherever you are in the physical and meta-worlds. FreeBnk have a different way to look at finance, yet it’s about an understanding of what also works traditionally, in a comfortable, safe, secure human environment. FreeBnk's aim is to apply the technologies of the future, to solve the problems of today.

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