Back to Feed
Seed

OpenTrade secures £5.1m in seed funding led by Notion Capital and Mercury Fund to scale infrastructure

OpenTrade

The financing round was led by Notion Capital and Mercury Fund to accelerate go-to-market and product development.

£5.1MSeed

OpenTrade provides institutional-grade infrastructure that allows fintechs and neobanks to offer real-world asset-backed stablecoin yield products. Its platform connects digital asset holders with dollar and euro denominated returns.

OpenTrade has secured £5.1m in a seed funding round led by Notion Capital and Mercury Fund, with participation from existing backers including AlbionVC, a16z crypto, and CMCC Global. The fresh capital arrives as the company brings its total funding past the $11m threshold within a six-month period, reflecting growing institutional appetite for its stablecoin yield products. The company intends to direct the proceeds towards accelerating its go-to-market strategy through enhanced product development, engineering capabilities, and operational expansion.

The London-based platform offers a yield-as-a-service model deployed by neobanks and exchanges across Europe and Latin America, providing everyday users with access to returns on dollar and euro holdings. Having processed significant transaction volumes and managed millions in client assets, OpenTrade aims to scale its infrastructure to reach individuals historically excluded from traditional banking yields.


From the founder

"Notion and Mercury are exceptional B2B investors with a strong track record of backing category-defining companies, and we’re thrilled to partner with them. Combined with a16z’s leadership, and Albion and CMCC’s deep expertise, we have the network, experience, and momentum to scale globally and help unlock access to dollar-based savings for individuals historically outside the reach of traditional financial systems."
DS

Dave Sutter

CEO at OpenTrade


Investor perspective

"OpenTrade is building core financial infrastructure for the next generation of fintech. Their rapid growth underscores both the scale of demand and the strength of their model. They are solving a fundamental gap in the market with the potential to revolutionize global access to high-quality, yield-bearing accounts. It’s exactly the kind of high-conviction fintech opportunity we look for at Mercury."
SL

Samantha Lewis

Partner, Mercury Fund


Use of funds

  1. 01Continue product development
  2. 02Accelerate go-to-market
  3. 03Scale operations

Investors

Notion Capital

Itxaso del Palacio

Notion Capital

MF

Samantha Lewis

Mercury Fund

AlbionVC

AlbionVC

ac

a16z crypto

CG

CMCC Global


Categories

FinTechBlockchainInfrastructure

About the company

OpenTrade

OpenTrade

OpenTrade provides infrastructure that enables fintechs to offer stablecoin yield products.

London, UK Founded 2022 Website
£8.3MRaised