202422 Feb

Copenhagen-based Januar raises €1.5 million seed extension to launch B2B crypto services platform

Summary

Januar ApS, a financial infrastructure provider for crypto businesses, has successfully closed a €1.5 million seed extension round, landing investments from prominent international investors including CMT Digital, Third Prime and Skyfall Ventures alongside Michael Grønager, Chainalysis Co-founder & CEO, and with follow-on from current investors, bringing the total for seed to €7.5 million. Since its seed round in April 2022, the company has obtained a full payment institutions license with the Danish FSA, which has been fully passported to permit service across all 30 EEA markets. Januar’s team of ex-Chainalysis compliance experts, crypto entrepreneurs, and banking veterans is now ramping up to meet demand across Europe and to expand its product with remarkable new features. “I am tremendously excited to share the news about our latest fundraise that will fuel our international expansion and drive profitability, further establishing Januar as a key player in the crypto space. As Januar continues to navigate the intricate landscape of crypto financial services, the company remains dedicated to providing a secure, compliant, and trusted experience for businesses operating in the digital asset space.

Source: Eu-startups

Funding

$1.64M
Amount
Feb 22 2024
Date
-
Investor
Copenhagen
Company

Classifications

Companies