2 years ago

Fiat Republic Secures £5.5 Million to Bridge Crypto and Traditional Finance

  • Fiat Republic, a UK-based banking as a service platform for crypto platforms, has raised £5.5 million in a seed extension round

  • The company provides banking and payments APIs to help crypto companies integrate fiat flows

  • The funding will be used to expand its operations and obtain licenses in new jurisdictions.

    • ProblemTechnology Infrastructure

      "Crypto platforms struggle to integrate with traditional banking systems, making it difficult for them to offer seamless fiat currency transactions to their users."

      Solution

      "Fiat Republic provides a banking-as-a-service platform that connects crypto platforms with traditional banks, enabling them to easily integrate fiat currency transactions into their services."

      Covered on