Danish financial infrastructure partner for crypto-business January raised 6 million euros in funding. The seed round was led by a venture company Element Venturessupported by Angular Ventures, External IRand early pre-sowers byFounders.
Angels-investors, including, also took part in the round Nicolas Juliaco-founder and CEO of Sorare; Charlie Songhurstformer head of strategy at Microsoft; Pierre-Antoine PierreCEO and Founder of IbanFirst; Jørgen Horwitzformer director of Finansrådet and Einar Braaten from CoinFund. With the new financing, Januar is deploying crypto-friendly financial services for businesses across Europe, ranging from payment accounts for crypto-businesses.
Founded in Copenhagen in 2021, the startup aims to become the only crypto-gate for European business, serving the growing crypto and digital assets industry with a market capitalization of $ 2 trillion.
Speaking of supporting a more open and shared financial system based on decentralized technology, offering fiat crypto rails as a service, Simon Usager, CEO and co-founder, Januar said: “Traditional banks are not ready for what is happening in crypto-markets right now. For many years, they focused on “technology”, writing off a true category of innovative digital assets – their “Blockchain, not Bitcoin” strategy did not fit the market. We are here to close this gap by providing financial services to crypto-businesses and crypto-services to financial institutions. ”