# Fiat Republic

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fiat-republic

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.fiatrepublic.com
- Total disclosed funding: $11M
- Latest round: Seed (Oct 20, 2023)
- Investors on record: 8

## About

Founded in 2021 and based in London, United Kingdom, Fiat Republic Ltd provides banking API unlocking mainstream fiat services for crypto platforms. Adam Bialy and Martyna Lewinska are the co-founders of the company. In February 2022, Fiat Republic Ltd raised GBP 2.6 million in Seed funding led by Speedinvest including Credo and Seedcamp.

The company provides a banking-as-a-service platform (BaaS) designed to include fiat and crypto compliance to give crypto platforms access to mainstream and local payments networks with a single API.

The organization plans to use the February 2022 funds to add to its already strong 14-person team and to accelerate acquiring regulated status in the UK and the EU.

## Funding rounds

- Seed, Oct 20, 2023, $7.6M — Arca Capital, Credo Ventures, Seedcamp, Speedinvest, Inovo VC, Fabric Ventures, Kraken Ventures
- Seed, Dec 13, 2021, $3.5M — Seedcamp, Speedinvest, Credo Capital

## Investors

- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Seed
- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Seed
- Credo Capital (https://capitalatlas.ai/funds/credo-capital) — Seed
- Arca Capital (https://capitalatlas.ai/funds/arca-capital) — Seed
- Credo Ventures (https://capitalatlas.ai/funds/credo-ventures) — Seed
- Inovo VC (https://capitalatlas.ai/funds/inovo-vc) — Seed
- Fabric Ventures (https://capitalatlas.ai/funds/fabric-ventures) — Seed
- Kraken Ventures (https://capitalatlas.ai/funds/kraken-ventures) — Seed