July 04, 2024
FreeBnk, a fintech firm from Lithuania that utilizes blockchain technology, has successfully raised $3 million in a recent funding round. The primary investor was Founderheads, with significant contributions from other prominent fintech investors such as ChaiTech Ventures, LVT Capital, and Lavender Capital. FreeBnk plans to use these funds to improve its app's user interface and overall experience, with a special focus on those new to cryptocurrency.
Project | Latest Raise | Latest Raise Date | Stage | Total Raise | Lead Investor | Category |
FreeBnk | $3M | July 04, 2024 | Equity & Token | $3M | Founderheads | FinTech |
The company's unique strategy of tokenizing real-world assets (RWAs) and offering advanced financial services establishes it as a conduit to financial independence, thereby making blockchain investments safer and more accessible.
About FreeBnk
FreeBnk, a blockchain-based FinTech company, co-founded by Yunus Emre Ozkaya and Arash Lowni, has rapidly earned acclaim for its comprehensive set of features aimed at streamlining and enriching the user experience in the cryptocurrency market. FreeBnk RealWorld offers users the opportunity to invest in tokenized real-world assets (RWAs) like fractional property ownership, stocks, bonds, gold, and other tangible assets via an intuitive interface. The platform also boasts a range of standout features such as cross-chain transfers without gas fees, international fiat money transfers using blockchain, merchant payments with low fees, competitive rates for mortgages and loans, and comprehensive crypto portfolio insurance through sophisticated inheritance plans.
Website: https://www.freebnk.io/
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About Investor
Investor: Founderheads
Founderheads is a boutique web3 incubator, accelerator, and venture capital (VC) firm based in Vilnius, Lithuania. It was founded by Sarunas Legeckas and Aleksandras Gaska. The firm is known for its founder mentality and hands-on approach, aiming to help entrepreneurs navigate the crypto industry and successfully launch their projects.
The firm invests in founders, not just ideas, and has a vision to fuel and support every future crypto unicorn globally. It provides essential guidance and support to startups from the moment they embark on their journey. Their unparalleled expertise, combined with a genuine founder-first mentality, has been pivotal in shaping the vision and trajectory of many startups.
Location: Vilnius, Lithuania
Website: https://founderheads.com/
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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