# METACO

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/metaco

- Industry: IT Security/Cybersecurity
- Headquarters: Lausanne, Switzerland
- Website: www.metaco.com
- Total disclosed funding: $17M
- Latest round: Series A (Jul 14, 2020)
- Investors on record: 11

## About

Metaco SA provides advanced financial infrastructure solutions for integrating blockchain technology and digital assets into traditional finance, enhancing transaction efficiency and security for financial institutions worldwide.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. The CEO, Adrien Treccani, has a background in technology and finance, contributing to Metaco's innovative approach in the fintech space.Metaco SA offers a range of financial infrastructure solutions, including payment solutions, digital asset custody services, and stablecoin integration. These products are designed to empower financial institutions by enabling secure cross-border transactions, instant asset tokenization, and improved liquidity management across various global markets such as North America, Europe, Asia-Pacific, and Latin America.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. Their digital asset custody services provide secure management options for traditional and digital assets, while partnerships with technology firms bolster their compliance and security measures.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. The recent funding will enable Metaco to scale operations and innovate its technology capabilities to meet the growing demand for blockchain integration in financial systems.

## Funding rounds

- Series A, Jul 14, 2020, $17M — Zürcher Kantonalbank, investiere, Swisscom Ventures, SICPA Finance, Avaloq, Trustology, Anchorage Digital, GK 8 Ltd., SC Ventures, Swiss Post Ventures, G+D Ventures

## Investors

- Zürcher Kantonalbank — Series A
- investiere — Series A
- Swisscom Ventures (https://capitalatlas.ai/funds/swisscom-ventures) — Series A
- SICPA Finance — Series A
- Avaloq (https://capitalatlas.ai/funds/avaloq) — Series A
- Trustology — Series A
- Anchorage Digital — Series A
- GK 8 Ltd. — Series A
- SC Ventures — Series A
- Swiss Post Ventures — Series A
- G+D Ventures (https://capitalatlas.ai/funds/g-d-ventures) — Series A