HomeFinTechblackfridge: Secures Pre-A Funding

blackfridge: Secures Pre-A Funding

Date:

Zango Secures $48 Million in Funding to Transform RegTech with AI Technology

Discover how Zango is leveraging artificial intelligence to innovate...

Fintech M&A Activity Accelerates: Trends and Insights

Explore the Surging Trends in Fintech Mergers and Acquisitions Highlights:...

Swedbank Expands Portfolio with Acquisition of Digital Mortgage Brand Stabelo

A Strategic Move to Enhance Digital Banking Services and...

blackfridge Secures Pre-A Funding

  • blackfridge, a Douglas, Isle of Man-based fintech company, secured a pre-A round from FunFairVentures and Gate Ventures
  • The amount of the deal was not disclosed
  • The company intends to use the expand strategic operations and launch poundtoken, the first British-regulated stablecoinfully backed 1:1 by pound sterling (GBP)
  • The – black fridge’sfirst with outside investors – raised a significant amount between the two new partners. A further round is planned for later this year
  • The company is financially regulated and licensed by the Isle of Man Financial Services Authority
Exit mobile version