Fipto

Fipto

An all-in-one payments and treasury solution that enables businesses to convert and send any currency by harnessing the advantages of blockchain: speed, cost efficiency, and transparency. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD90—135m (Dealroom.co estimates Sep 2023.)
Company register number 911148344
Nanterre Île-de-France (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2023
Revenues2.5m
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DateInvestorsAmountRound
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N/A

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€2.0m

Seed
*

€15.0m

Seed
Total FundingCAD25.5m

Recent News about Fipto

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More about Fiptoinfo icon
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Fipto is a financial technology startup that provides a secure and efficient platform for businesses to manage both traditional and digital currencies. It operates in the global financial market, serving businesses of all sizes that need to send and receive payments across borders.

Fipto's platform uses blockchain technology, a type of digital ledger where transactions are recorded in a secure and transparent manner. This allows businesses to send and receive payments instantly, without the need for bank intermediaries, thus reducing processing time and fees. It also provides access to hard-to-reach markets, enabling businesses to expand faster.

In addition to payment services, Fipto also offers a digital asset wallet for businesses. This means that businesses can store their digital currencies, such as Bitcoin or Ethereum, in a secure and confidential manner. The platform also allows businesses to invest and off-ramp digital currencies while remaining compliant with financial regulations.

Fipto's business model is likely based on charging fees for its services, including transaction fees for payments and management fees for the digital asset wallet. The company's value proposition lies in its ability to provide fast, secure, and transparent financial services, which can help businesses improve their cash management and expand to new markets.

In conclusion, Fipto is a promising fintech startup that leverages blockchain technology to provide innovative financial services for businesses. Its platform can help businesses reduce costs, improve efficiency, and expand their global reach.

Keywords: Fintech, Blockchain, Payments, Digital Currencies, Global Transactions, Cash Management, Digital Asset Wallet, Compliance, Security, Expansion.