Klink Finance raises £462k pre-seed round led by Blockchain Founders Fund to launch product
The pre-seed round was led by Blockchain Founders Fund with participation from UOB Venture Management and other firms.
Klink Finance provides a gamified digital asset platform that combines consumer finance with blockchain technology. The London based company develops prize linked savings solutions to encourage better financial habits.
Klink Finance has secured £462k in a pre-seed funding round led by Singapore based Blockchain Founders Fund. Additional backing came from UOB Venture Management, Signum Capital, TechMeetsTrader, and StartupGym.
The capital will be used to support the platform launch scheduled for late 2022. Klink applies gamification principles inspired by traditional prize bonds to digital assets, offering users weekly chances to win rewards on holdings.
From the founder
"When it comes to retail asset management services, we have a different way of approaching the market. Our team is on a mission to enable a new way in which wealth can be built and distributed amongst friends and communities over time."
Chris Murphy
Founder at Klink Finance
Investor perspective
"We are proud to be supporting Klink in reimagining gamified yield generation experience. Their business model creates a dynamic impact on user engagement through gamification in the personal finance landscape."
Tobias Bauer
Partner, Blockchain Founders Fund
Use of funds
- 01Continue product development
Investors
Tobias Bauer
Blockchain Founders Fund
UOB Venture Management
Signum Capital
TechMeetsTrader
StartupGym
Categories
About the company
