Tangany, a BaFin-regulated fintech from Munich, has completed a Series A financing round of ten million euros. The financing was led by Baader Bank from Germany, Elevator Ventures, the venture capital arm of Austrian Raiffeisen Bank International, and Heliad Crypto Partners. Existing investors High-Tech Gründerfonds (HTGF) and Nauta Capital also participated again, demonstrating their long-term confidence.
“This Series A round means more than just capital – it’s a clear signal of institutional trust in our vision and our infrastructure. We’re delighted to have established European financial institutions as shareholders who stand for regulatory stability and strategic foresight – exactly what the digital finance market needs now. Their commitment shows that we share the goal of secure and regulated infrastructure for digital assets. At the same time, we remain completely independent. Our new ownership structure reflects our ambition to become an integral part of the European financial system”,
says Martin Kreitmair, CEO and co-founder of Tangany.
Growth and new partners
Since the seed round in 2022 totaling seven million euros, Tangany has experienced strong growth. Today, according to the company, it manages digital assets worth over three billion euros for banks, platforms, and financial institutions. Between 2022 and 2024, the startup doubled its revenue and expanded its team to meet growing demand and regulatory requirements.
With the entry of Baader Bank and Elevator Ventures, Tangany is strategically expanding its bank partnerships. The goal is a network of fewer, but well-suited partners who share the company’s values and ambitions.
“Digital assets will play a major role in financial markets in the future. This requires reliable, regulated infrastructure. Tangany brings both regulatory maturity and technical depth to support institutions at scale”,
emphasizes Oliver Riedel, deputy CEO of Baader Bank.
Tobias Schulz, principal at HTGF, is also convinced:
“We believed in Tangany’s vision from the beginning, and it’s impressive to see how the company has developed into a regulated, pan-European infrastructure provider. The ability to execute projects precisely, maintain institutional trust, and adapt flexibly to new regulatory requirements makes Tangany a standout player in this market. We’re pleased to continue supporting the company through this next phase.”
With the Series A financing, Tangany is positioning itself to seamlessly adapt to MiCAR requirements and expand its leadership in the European market.
