DIEM secures £4m in seed funding led by Fasanara Capital to expand its circular economy fintech platform.
The oversubscribed round was led by Fasanara Capital with participation from angel investors including Chris Adelsbach.
DIEM operates a circular economy focused fintech platform that merges personal finance management with environmental sustainability. The company enables consumers to unlock liquidity from their existing lifestyle assets through instant valuations and payments.
London based fintech start up DIEM has secured £4m in an oversubscribed seed funding round led by Fasanara Capital. The financing will support the company as it expands its consumer base across the UK and the wider European market.
The raise also attracted participation from prominent fintech investor Chris Adelsbach, alongside individual backers Andrea Molteni, Ben Demiri, and Nicholas Kirkwood. DIEM operates a platform that combines traditional banking services with instant liquidity solutions for personal lifestyle assets, aiming to promote sustainable consumption.
The fresh capital will accelerate the company's delivery of its core mission and facilitate wider geographic reach. Fasanara Capital joins the register as lead investor, supporting DIEM's combination of financial services and environmental objectives.
Investor perspective
"Fasanara is excited to announce our partnership with DIEM and Geri Cupi whose unparalleled and unique approach is truly category-defining within fintech. We are compelled with DIEM’s vision, setting precedent as a new generation fintech powered by principles of circular economy and look forward to support its growth"
Francesco Filia
CEO, Fasanara Capital
Use of funds
- 01Expand into international markets