Danish financial infrastructure partner for the crypto business January has raised 6m euros in funding. The initial round was led by a venture capital firm Element Ventureswith the support of Angular Ventures, External WCand early supporters before charging from the Founders.

Angelic investors, including, took part in the circle Nicolas Juliaco-founder and CEO of Sorare; Charlie Songhurstformer head of strategy at Microsoft; Pierre-Antoine PierreCEO and Founder of IbanFirst; Jorgen Horwitzformer director of FinansrÄdet and Einar Braaten from CoinFund. With the new funding, Januar is introducing cryptocurrency-friendly financial services for businesses across Europe, starting with cryptocurrency payment accounts.

Founded in Copenhagen in 2021, the startup aims to become a one-stop crypto port for European business, serving the growing cryptocurrency and digital assets industry with a market capitalization of $ 2 trillion.

Speaking of supporting a more open and joint financial system based on decentralized technology by offering fiat-crypto rails as a service, Simon Uzager, CEO and co-founder, Januar said: “Traditional banks are not ready for what is happening in crypto markets right now. For many years, they focused on “technology” while writing off the actual category of innovative digital assets – their “Blockchain not Bitcoin” strategy was not in line with the market. We are here to fill this gap now by providing financial services to crypto businesses and crypto services to financial institutions.

https://tech.eu/2022/05/05/danish-startup-unlocks-eur6-million-to-build-financial-infrastructure-for-crypto-economy

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