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Unstoppable Finance raises EUR 12.5 million in Series A funding
Decentralized Finance (DeFi)
Aug 10, 2022
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Decentralized Finance (DeFi)

Decentralized Finance (DeFi)

View industry hub
Aug 10, 2022

Unstoppable Finance raises EUR 12.5 million in Series A funding

Funding

  • Unstoppable Finance, a Germany-based DeFi wallet developer, has raised EUR 12.5 million (USD 12.8 million) in a Series A funding round led by Lightspeed Venture Partners with participation from Rockaway Blockchain Fund and Fabric Ventures, among others. This brings the company’s total raised funds to EUR 17 million (~USD 18 million).

  • The company intends to use the funds to develop, launch, and scale its DeFi wallet called “Ultimate.”

  • The company announced the product offering last month and since then has registered more than 300,000 beta users worldwide. The company intends to release a private beta within the next few days, with plans to launch the product publicly later this year.

  • Founded in 2021, Unstoppable Finance develops a next-generation crypto wallet for DeFi Ultimate. The Ultimate mobile application will offer access to DeFi protocols for investing and trading.

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