202223 Sep

consola.finance and the Future of Crypto Finance Management

Summary

Todays most dominant industries, both digital and non-digital, will begin to see decentralized blockchain protocols overtake incumbents over the course of the next decade.However, the current pool of crypto-native companies encountering significant shortcomings in crypto bookkeeping, accounting, and reporting is huge and only growing. Users enjoy the benefits of significant time savings through automated processes, reduction of human errors, and enhanced transparency to make better decisions.We have already partnered with several DAOs, DApps, NFT platforms, and centralized exchanges throughout Europe, USA, and Singapore and are further developing the product alongside them. The alpha version is scheduled to go live in Q4 of 2022.We are thrilled to announce that we raised 1.1M in pre-Seed financing from top VCs including Speedinvest, Blockchain Founders Fund and Diamond Hands Ventures led by the founders of Bitpanda, Eric Demuth, Paul Klanschek and Christian Trummer.Additional investors include Lukas Enzersdorfer-Konrad (Bitpanda), Hansi Hansmann (Hansmen Group), Florian Wimmer (Blockpit), Christophe Lassuyt (Request Network), Christian Niederm\xfcller (Blocktrade), David Chreng (LeadBlock Partners), Alexander Brix (Canva), Ming You See, Don Hoang, Xiao-Xiao Zhu, and Djurre Hoogeveen.The fresh capital will allow us to further enhance our platforms innovative features and functionalities, bolstering a better experience for clients.Eric Demuth, Founder and CEO of Bitpanda said: Crypto finance and accounting management remains one of the biggest pain points for web3 firms and the market is waiting for a sophisticated solution. Their holistic and user-friendly platform will improve usability and accuracy for core business metrics across the web3 space, enabling innovation and development in the industry. consola.finance is the first human-readable block(chain) explorer with all financial tooling that web3 firms need such as cross-chain tracking, rule-based categorization, bookkeeping, reporting, exporting, analytics and much more.

Source: Medium

Funding

$1.08M
Amount
Sep 23 2022
Date
-
Investor
consola.finance
Company

Classifications

Companies