Fipto Raises €15M Seed for Blockchain-Based Treasury and Payments
Fipto, a Paris-based treasury management platform, announced a €15M seed round on September 14, 2023, led by Serena and Motier Ventures. The company operates a blockchain-enabled system that allows businesses to manage treasury operations across fiat and digital currencies including USDC, USDT, ETH, and BTC. Fipto is registered as a Digital Asset Service Provider (DASP) with France's AMF, positioning it for compliance under the upcoming MiCA regulatory framework.
The funding will be used to expand the platform's international payments capabilities and grow its team. By bridging traditional treasury management with blockchain rails, Fipto aims to transform how businesses handle cross-border payments. The company's regulatory-first approach differentiates it in the embedded payments infrastructure space.
- Signals growing investor appetite for regulated blockchain payment infrastructure in the EU ahead of MiCA implementation
- Bridges traditional treasury management with crypto rails, expanding embedded finance into corporate treasury use cases