Amsterdam, 11 am CET, 19 December 2023: Fiat Republic, the specialist Banking-as-a-Service (BaaS) platform that bridges the gap between web3 and traditional banks, today announces it has raised $7 million in a seed extension round. Participants in the
In our last article, we explored why it’s crucial that crypto platforms have a bridge to banks. We examined the current pain points around building trusted bridges and what some Web 2.5 infrastructure providers are doing to support golden
Fiat-related pain points for crypto platforms The world today is priced and valued in fiat currencies. As a result, people, when interacting with crypto, always subconsciously convert it to fiat and wonder how much it’s worth. Paying for groceries
DIY: integrates with banks piece-by-piece, with each update requiring a fresh reset BaaS: The engine is not built for the crypto industry, so it must be modified: crypto architecture can only be bolted on, and each update requires additional
The Legend: Financial inclusivity Diana’s revolutionary proclivities predate cryptocurrency itself, starting with an interest in hackers and cyberpunks. “We used to go to 2600 meetups the technology…Back then, the narrative was really around ‘Information wants to
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