# Membrane Finance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/membrane-finance

- Industry: Financial Services
- Headquarters: Helsinki, Finland
- Website: www.membrane.fi
- Total disclosed funding: $2.1M
- Latest round: Seed (Dec 4, 2022)
- Investors on record: 1

## About

Founded in 2021 and based in Helsinki, Finland, Membrane Finance Oy specializes in creating and managing regulated stablecoins, digital assets pegged to fiat currencies and designed to facilitate transactions. In November 2024, Paxos Trust Company, LLC, a portfolio company of Westcap Management, FTX Trading Ltd., Coinbase Ventures, Oak HC/FT Partners, Bank of America, Founders Fund, Alua Capital Management, Declaration Partners, PayPal Ventures, Senator Investment Group, Mithril Capital Management, RIT Capital Partners, Blockchain Capital, Raptor Capital Management, Digital Currency Group, Liberty City Ventures, Canaan Partners, and RRE Ventures, agreed to acquire Membrane Finance Oy from Maki.vc. As of November 2024, the company is led by CEO Juha Viitala.

Membrane Finance offers a range of products and services designed to facilitate hybrid financial markets. The product includes EUROe, a stablecoin regulated within the European Union and backed 1:1 by fiat euros. This product enables the transformation of fiat euros into a blockchain-native payment currency. EUROe is designed to help businesses and individuals transition between traditional currency systems and blockchain networks while maintaining stability and regulatory compliance. In addition to EUROe, Membrane Finance also offers eUSD, a US dollar-denominated stablecoin built with the same principles of regulatory compliance and full reserve backing. Like EUROe, eUSD supports secure digital financial transactions. Both products are built to ensure compliance with European regulations, including the MiCA framework to standardize the treatment of crypto assets across EU member states. The company’s stablecoins are backed by reserves and are redeemable.

## Funding rounds

- Seed, Dec 4, 2022, $2.1M — Maki.vc

## Investors

- Maki.vc (https://capitalatlas.ai/funds/maki-vc) — Seed