# Emtech Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/emtech-solutions

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.emtech.com/
- Total disclosed funding: $14M
- Latest round: Seed (May 6, 2023)
- Investors on record: 14

## About

Based in New York, US, and founded in 2019, Emtech Solutions, Inc. operates as a provider of digital solutions that caters to central banks and financial service providers. In August 2023, Emtech Solutions, Inc raised USD 4 million in seed funding led by new investor Matrix Partners India, with participation from other new investors Black Tech Nation Ventures, Collide Capital, Equity Alliance, Level Up Ventures, and VestedWorld. Returning investors 500 Global, LoftyInc Capital Management, Noemis Ventures, Octerra Capital, and other unspecified investors also participated in the round. Carmelle Cadet is the founder and CEO of the company.

The company's products include digital regulation and digital cash. The firm’s digital regulatory platform includes the innovator’s center, which helps fintechs to prepare and test the requirements for multiple regulators and/or countries and test regulatory reporting APIs for pre-market technical integration, as well as the regulatory sandbox, a fintech launchpad based on regulator limits and the live reporting of data. Emtech's clients and engagements include the Central Bank of The Bahamas, Bank of Ghana, and Central Bank of Nigeria.

The organization plans to use the March 2022 funding to expand and work with central banks in the Caribbean after a successful Ghana pilot.

## Funding rounds

- Seed, May 6, 2023, $9.8M — 500 Global, Alumni Ventures Group, VestedWorld, LoftyInc Capital Management, Z47, Noemis Ventures, Equity Alliance, Level Up Ventures, Black Tech Nation Ventures, Octerra Capital, Collide Capital
- Seed, Mar 2, 2022, $4M — Canaan Partners, 500 Global, XFactor Ventures, Noemis Ventures, Consonance Investment Managers, Octerra Capital
- Seed, Aug 11, 2021 — LoftyInc Capital Management
- Seed, Oct 1, 2020 — 500 Global, XFactor Ventures, Noemis Ventures

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- XFactor Ventures (https://capitalatlas.ai/funds/xfactor-ventures) — Seed
- Noemis Ventures (https://capitalatlas.ai/funds/noemis-ventures) — Seed
- LoftyInc Capital Management (https://capitalatlas.ai/funds/loftyinc-capital-management) — Seed
- Canaan Partners (https://capitalatlas.ai/funds/canaan-partners) — Seed
- Consonance Investment Managers (https://capitalatlas.ai/funds/consonance-investment-managers) — Seed
- Octerra Capital (https://capitalatlas.ai/funds/octerra-capital) — Seed
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
- VestedWorld (https://capitalatlas.ai/funds/vestedworld) — Seed
- Z47 (https://capitalatlas.ai/funds/z47) — Seed
- Equity Alliance (https://capitalatlas.ai/funds/equity-alliance) — Seed
- Level Up Ventures (https://capitalatlas.ai/funds/level-up-ventures) — Seed
- Black Tech Nation Ventures (https://capitalatlas.ai/funds/black-tech-nation-ventures) — Seed
- Collide Capital (https://capitalatlas.ai/funds/collide-capital) — Seed