KoinKoin and SR Finanzmann secure £1.6m to expand foreign exchange and digital asset operations
The private funding round will support foreign exchange growth and technical upgrades across African markets.
KoinKoin and SR Finanzmann provide retail and corporate digital assets and currency exchange services tailored for the African market. The platforms facilitate transactions across key regions while competing in the digital asset space.
Fintech firms KoinKoin and SR Finanzmann have secured £1.6m in private funding to boost their corporate over-the-counter foreign exchange and digital asset operations. The injection of capital will support technical upgrades, enhance foreign exchange capabilities, and increase access to G3 currencies, particularly across African markets.
The raise follows a period of strong financial performance, with combined revenues having risen from £72m to nearly £150m. Leadership plans to use the proceeds to accelerate international expansion and scale technical infrastructure.
From the founder
"KoinKoin had a remarkable year."
Ola Atose
Founder at KoinKoin
Use of funds
- 01Continue product development
- 02Expand into international markets
- 03Build out infrastructure