The pre seed round was led by Activant Capital and saw backing from several fintech funds and industry executives.
"This isn’t about replacing the old with the new; it’s about intelligently integrating both. We’re not chasing crypto hype, we’re leveraging stablecoins to remove friction, accelerate settlement, and drive improved performance in real-world financial operations."
The financing round featured participation from Kraken Ventures, Fabric Ventures, and Arca.
"This investment underscores the confidence our investors have in Fiat Republic’s vision and the future trajectory of the company in the financial space. With our newly acquired Dutch EMI licence, Fiat Republic will now operate across the entire European Union, providing e-money and payment services. Passporting from the reputable and credible jurisdiction of the Netherlands not only boosts our legitimacy in the traditional finance world but also highlights our commitment to high compliance standards, security, and close collaboration with regulators. This move, to me, also signals that the Netherlands is open for business ahead of the upcoming MiCA regulation."
The seed round was co-led by Semantic and Fabric Ventures with participation from multiple institutional backers and angel investors.
"We believe that most future payments will occur on-chain. In fact, spreads for USD/EUR stablecoin pairs on DEXs are already more attractive than USD/EUR fiat pairs on traditional FX platforms today,"
The seed round was led by NfX and Galaxy Digital to support global expansion and team growth.
"Few things are as impactful on economic growth, the human effort, and technological innovation as financial services. If we’re to continue to grow as a society, we need to make sure our financial systems are following suit. Crypto is one of the most promising technological frontiers for advancing finance and payments. For years however, the industry was focused on speculation, creating products like crypto exchanges. Unlocking crypto’s use cases seemed like an afterthought. Now we feel it’s time for the industry to start delivering useful applications and Ramp is here to make the mainstream transition to crypto much easier."