Generate interest on crypto holdings – that’s what Fija Finance’s product promises. For this idea, the fintech from Munich receives 1.2 million euros in its seed round. In addition to the Swiss fund CV VC, Tenity, Heliad, Keyrock and prominent angel investors participated.
Founded in 2022, the startup offers software that allows financial institutions and companies to invest their customers’ crypto holdings and generate interest-like returns. The product works with decentralized finance strategies (DeFi). Users generate returns by lending cryptocurrencies or providing them as liquidity. Alternatively, so-called staking is used. In this process, investors validate new blocks in the blockchain through their cryptocurrencies and receive rewards for doing so. Customers can invest directly in predefined DeFi strategies while having access to complete risk monitoring and transparency. Fija Finance offers its product as a SaaS solution, which enables easy integration into existing platforms.
The fintech invests the 1.2 million euros it has raised in further developing its platform. According to the company, the goal is always to make secure, institutional crypto solutions accessible to a broader audience.
Christoph Scholze, CEO and co-founder of Fija Finance, explains:
“Our mission is to transform the crypto shopping experience by putting compliance and user needs front and center. This investment enables us to build on the strengths of our platform and make it even easier and safer for our users to benefit from DeFi opportunities.”
