French Treasury Management Startup Fipto Raises $16M Seed Round Led by Serena Ventures And Motier Ventures
We found an article on Business Insider that says French treasury management startup Fipto has raised $16 million in a seed round led by Serena Williams’ venture capital fund. The Paris-based company uses blockchain technology to speed up payments of both fiat and digital currencies.
The seed funding round was led by Serena Ventures and Motier Ventures. Fipto’s CEO and co-founder, Patrick Mollard, said that the company plans to use the funds to enhance its commercial and marketing teams as it looks to expand its offering in Europe, alongside a longer-term aim of cracking the US market. You can find more information about Fipto on their Crunchbase profile.
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