London-based FilmChain raises €2.8 million to bring automation to payments in film and TV

FilmChain Raises £2.4M in Funding

FilmChain, a UK-based company co-founded by Maria Tanjala and Irina Albita, has secured a €2.8 million investment led by the Holt IntersXion fund, with support from Roca X, DeBa Ventures, TechAngels Romania, and returning investor HearstLab. FilmChain's payment platform aims to address the challenges of delayed settlements and opaque financial processes in the entertainment industry by providing immediate access to detailed financial reports and analytics. The company is expanding into North America and has partnered with the German Producers Association to launch a bespoke reporting platform for producers.

FilmChain Raises €2.8 Million to Automate Payments in Film and TV

FilmChain is a UK-based company that has developed a payment platform for the film and television industry, aiming to streamline financial processes and provide immediate access to detailed financial reports and analytics. The platform utilizes financial technology with its own architecture and fintech APIs, and a private Ethereum blockchain, enhancing the transparency and auditability of transactions. FilmChain also offers a bespoke reporting platform for producers to track and report on critical metrics like revenue and audience data directly to content creators.

FilmChain is a UK-based company that has developed a payment platform for the film and television industry, aiming to streamline financial processes and provide immediate access to detailed financial reports and analytics.

a year ago

FilmChain Raises €2.8 Million to Automate Payments in Film and TV

ProblemMedia and Entertainment

Solution

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