Key Takeaways
- Fintech company Orbital successfully raised £5 million ($6.4 million) in a growth round, led by Golden Record Ventures, paving the way for its expansion.
- Orbital offers a unique mix of traditional finance and crypto solutions.
- Orbital prioritizes investor protection with stringent security measures and a high cold-to-hot storage ratio, ensuring the safety of client assets.
Orbital, a fintech company headquartered in London, Tallinn, and Gibraltar, has successfully raised £5 million ($6.4 million) in a growth round led by Golden Record Ventures. The funding round was oversubscribed and saw participation from other notable investors, including New Form Capital, GSRV, Psalion, and Luminous Futures. This marks Orbital’s first institutional capital raise, a significant milestone that will fuel the company’s expansion plans.
A Unique Offering for Global Enterprises
Orbital sets itself apart by offering a compelling blend of traditional finance and crypto solutions. It provides a wide range of payment and global FX solutions, including licensed crypto payment services. The company’s platform allows seamless integration of major cryptocurrencies and traditional currencies. This makes it a valuable tool for multinational corporates, especially those with exposure to emerging markets.
Driving Blockchain Payments for Global Enterprises
The partnership with Golden Record Ventures holds immense potential for both Orbital and global enterprises. With this strategic alliance, Orbital aims to revolutionize digital asset payments for businesses on a global scale. The company’s focus on stablecoins in cross-border payments ensures efficient and secure transactions. At the same time, it is integrating other digital assets into existing payment flows provides businesses with enhanced flexibility and options.
Security and Investor Protection at the Core
Orbital’s commitment to investor protection and stringent security measures sets it apart as a trustworthy partner in the digital asset space. With a high cold-to-hot storage ratio, the company ensures the security of client assets. This emphasis on security is vital in the rapidly evolving world of cryptocurrencies and digital finance, providing confidence to businesses and investors alike.
Empowering Global Enterprises
Orbital’s successful funding round and strategic partnership open up new possibilities for global enterprises seeking efficient and reliable blockchain payment solutions. It empowers businesses to navigate the digital asset landscape with ease. As the adoption of blockchain technology continues to grow, Orbital’s innovative platform will play a crucial role in shaping the future of global payments.
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