IN1, a financial management app for fiat and cryptocurrencies, has raised $6 million in seed funding.
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IN1 allows users to manage all their cards and accounts in a single mobile app. The platform also offers fiat accounts for various currencies, a crypto wallet and an all-in-one card for fiat and crypto payments.
In addition to the consumer app, the company is also promoting its platform to other fintechs and banks.
The Poland-based startup has a Virtual Asset Service Provider (VASP) license for trading and custody of crypto assets. In addition, the company has partnered with FS firms for card issuing, acquiring, IBAN management and traditional money transfers.
The new capital will fund the final stages of product development, currently in beta testing, and support the upcoming launch for Europeans. IN1 then plans to expand into the MENA region and Asia.
“We are deeply committed to leading the digital financial revolution by developing a widely accessible, secure and user-friendly mobile app that bridges the gap between traditional and digital currencies,” says Svitlana Monastyrska, CEO of IN1.
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