London-based crypto banking platform Fiat Republic has successfully raised £5.5 million in a seed extension round, marking a significant step towards advancing crypto assets as a mainstream payment option. Founded in 2021, the startup has positioned itself as a banking-as-a-service (BaaS) platform, offering comprehensive banking and payments APIs to crypto companies. Fiat Republic’s unique platform facilitates the seamless integration and automation of fiat flows for crypto platforms, both to end users and their internal treasury teams. The startup is on a mission to foster collaboration between crypto platforms and traditional financial institutions, addressing the challenges outlined by CryptoUK’s director of…
Fiat Republic Raises £5.5 Million in Seed Extension to Pioneer Mainstream Crypto Payments

1 year ago