CryptoTechFin closes a financing round of almost half a million euros

MADRID, 12 Abr.

CryptoTechFin closes a financing round of almost half a million euros


CryptoTechFin, a Spanish 'startup' specializing in cryptocurrency investment technology, has closed a round of financing for a value of close to 500,000 euros, as reported in a statement.

The operation has been led by investors Not Just Investments and R2 Seed Investments, and has also included 'business angels' (angel investors) such as the co-founder of TransferChain, Mert Baser.

In addition, CryptoTechFin has become part of the 'Global Asset' portfolio of Tenity (formerly F10), the Swiss accelerator specializing in financial 'startups'. This comes after the Spanish company graduated from Tenity's incubation program, after five months of training with experts.

"After our stay at 'Lanzadera' last year, it is a privilege to become part of Tenity's international ecosystem and continue to grow beyond our borders," said the CEO of CryptoTechFin, Miguel Pagán. "This step will make it easier for us to enter the Central European market with new products", he celebrated.

The Spanish fintech will use this capital injection to open a new customer segment that assists professionals and institutions in the creation of investment products, a project that will be developed in collaboration with GenTwo and local Swiss entities.

"The objective is to offer CryptoTechFin's technology so that entities and individuals with significant wealth can take advantage of it, but without losing focus on small investors who have trusted it to reduce their risk when investing in crypto assets", the Director of Operations has detailed. of the company, Gonzalo del Cerro.

On the other hand, Pagán has celebrated that CryptoTechFin clients have managed to protect their investments and consolidate their profits, despite the difficulties that the cryptocurrency market has faced. "CryptoTechFin does not offer guarantees, but it does offer a higher chance of success than other non-tech-led alternatives have," he assured.