# Arf Financial

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/arf-financial

- Industry: Financial Services
- Headquarters: Switzerland
- Website: www.arf.one
- Latest round: Seed (Oct 26, 2022)
- Investors on record: 8

## About

Based in Switzerland, and founded in 2019, Arf Financial GmbH provides native entry and exit capabilities to money service companies and licensed financial institutions by offering digital asset-based working capital and settlement services. In October 2022, the firm raised an amount of venture debt funding from investors. The round was part of a larger USD 13 million in equity and debt funding. The company was co-founded by Kazim Rifat Özyilmaz, Ali Erhat Nalbant, Ahmet Özcan, and Berhan Kongel.

The company offers a cross-border settlement banking platform with native on-ramp and off-ramp capabilities for licensed money service businesses and financial institutions. It eliminates the capital–intensive business model of the cross–border payment industry.

The company plans to use the October 2022 funding to develop and foster new technologies that change the paradigm of cross-border payments, combining the best of what Web3 and traditional finance has to offer.

## Funding rounds

- Seed, Oct 26, 2022 — UOB Venture Management, 500 Global, Hard Yaka, Signum Capital, NGC Ventures, Blockchain Founders Fund, Stellar Development Foundation, Circle Ventures

## Investors

- UOB Venture Management (https://capitalatlas.ai/funds/uob-venture-management) — Seed
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Hard Yaka (https://capitalatlas.ai/funds/hard-yaka) — Seed
- Signum Capital (https://capitalatlas.ai/funds/signum-capital) — Seed
- NGC Ventures (https://capitalatlas.ai/funds/ngc-ventures) — Seed
- Blockchain Founders Fund (https://capitalatlas.ai/funds/blockchain-founders-fund) — Seed
- Stellar Development Foundation — Seed
- Circle Ventures — Seed
