Odaily Planet Daily News French financial technology company Fipto completed a 15 million euro seed round of financing, led by Serena Capital and Motier Ventures. The new funding will allow Fipto to further develop its platform, providing an all-in-one payments and treasury solution that enables businesses to convert and send any currency by leveraging the benefits of blockchain: speed, cost efficiency and transparency.
In addition, Fipto is committed to facilitating instant cross-border payments and has institutional-grade custody and wallet security as well as a multi-party computation (MPC) wallet to provide enterprises with security and privacy in the digital realm. It is worth mentioning that Fipto has been registered as a Digital Asset Service Provider (DASP) with the French Authority for Financial Markets (AMF). (TechFundingNews)