Solvo: Raises $3.5M in Seed Funding

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Solvo Raises $3.5M in Seed Funding

  • Solvo, a Lithuania-based app that provides access to crypto investments, raised $3.5M in Seed funding
  • The round was led by Index Ventures, with participation from CoinFund and FJ Labs
  • The company intends to use the funds to expand operations, as well as to build its product offering
  • The company provides an iOS app that enables crypto investments
  • It also functions as a wallet that supports the buying, selling, deposit and withdrawal of the 10 highest quality crypto-currencies with an easy interface
  • The company has submitted its Crypto Exchange, as well as Crypto Custody registrations
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