METACO
Latest round
- Series A
Last raised
- Jul 2020
Total raised
- $17M
Investors
- 11
About METACO
Founded in 2015 in Lausanne, Switzerland, Metaco SA specializes in digital asset custody and blockchain-based payment solutions. The firm was recently acquired by Ripple Labs Inc. for USD 250 mn on May 17, 2023, strengthening Ripple's enterprise offerings.Metaco SA offers a range of financial infrastructure solutions, including payment solutions, digital asset custody services, and stablecoin integration.The company's revenue is generated through transaction-based and service fee structures tailored for institutional clients. Institutions utilize Metaco's payment solutions for efficient cross-border money transfers, benefiting from reduced transaction costs and times.Looking ahead, Metaco plans to enhance its offerings by developing new products that facilitate the custody, issuance, and settlement of tokenized assets for a broader client base. The acquisition by Ripple Labs Inc. will also support expansion into new markets beyond the US, targeting institutions such as Citi and BNP Paribas.
Who invested in METACO
11 investors across 1 round
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Funding rounds
Series A
Jul 14, 2020
Amount
$17M
Investors
Questions about METACO
Who invested in METACO?
METACO has 11 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has METACO raised?
METACO has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did METACO last raise money?
METACO's most recent round on record is a Series A, in Jul 2020.
What does METACO do?
Founded in 2015 in Lausanne, Switzerland, Metaco SA specializes in digital asset custody and blockchain-based payment solutions.
Where is METACO headquartered?
METACO is headquartered in Lausanne, Switzerland.
Which VCs invest in companies like METACO?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back it security/cybersecurity companies at METACO's stage. Their profiles are linked below.
VCs backing it security/cybersecurity startups at Series A
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