Swapin lands €1.69m funding round and attracts investment industry icons

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To exchange, formerly famous for Piixpay, has rebranded itself and started fundraising to launch its ambitious new plans and roadmap. As a result, Swapin secured €1.69 million in a successful funding round that at the same time attracted several crypto and finance industry icons to Swapin’s advisory board.

Here’s more about Swapin’s funding cycle, who joined the Swapin team, and all about Swapin’s innovative products and services.

Introducing Swapin: How Crypto-to-Fiat Payments Came to Be

The story begins with Swapin Founder and CEO Evald-Hannes Kree recognizing that there was a huge gap between the world of digital assets and traditional finance. Kree recalls the early days of his career in crypto when finding a partner bank to fund his ambitious vision was still a challenge.

Since then, Kree and the Swapin brand have become leaders in the field of crypto-fiat payments. Swapin offers a full suite of B2C and B2B tools that help perform common everyday money-related tasks like grocery shopping, paying monthly bills, or paying for services at a wide range of online merchants. It’s even easy for merchants to accept cryptocurrencies and get paid immediately to a corresponding EUR bank account, all without the fees, fluctuations and headaches of custody, accounting and to crypto compliance.

B2C tools include Instapay and Instafill, with a new option to buy Instabuy crypto on the way. B2B solutions include E-Com and CoinCollector, each allowing merchants and businesses to accept crypto while receiving fiat instead. These merchants can tap into new revenue streams and increase customer satisfaction using payment links and widgets, which can be implemented directly on a merchant site or online store.

Swapin raises €1.69m, industry icons enlist in project team

This incredible range and a refocus on select European countries as part of an updated roadmap that includes marketing expansion has attracted some of the world’s most iconic innovators in finance and crypto. Together, Swapin was able to raise a collective €1.69m. The funding round also attracted industry figures such as Dmitry Pruglo, Marek Pärtel, Toomas Römer and several others.

Pruglo is the co-founder of the Covesting platform, which was one of the first companies in the crypto industry to receive a Gibraltar DLT license. Toomas Römer, is the BOLT CTO and VP of Engineering. Marek Pärtel is the co-founder and CEO of Estateguru, the leading European mortgage lending platform with an annual investment of nearly $500 million.

With the new team of bright minds, Kree believes Swapin “can change the world”. Swapin’s roadmap is ambitious and includes the development of a virtual IBAN implementation. As a regulated company, Swapin is also working to obtain its Electronic Money Establishment License. A planned marketing expansion includes website localization, a multilingual mobile app and a focus on Germany, France and the Nordics.

Swapin solutions make crypto simple for everyone

Swapin solutions simplify crypto transactions while fiat remains king. Businesses, banks, and individuals must always rely on fiat, and Swapin is the bridge that connects the two worlds seamlessly and without frustration.

With every solution designed to meet the challenges of crypto transactions, making automatic crypto-to-fiat transfers a breeze is here today with Swapin. Find out for yourself as you experience the all-new Swapin Website.

To exchange, formerly famous for Piixpay, has rebranded itself and started fundraising to launch its ambitious new plans and roadmap. As a result, Swapin secured €1.69 million in a successful funding round that at the same time attracted several crypto and finance industry icons to Swapin’s advisory board.

Here’s more about Swapin’s funding cycle, who joined the Swapin team, and all about Swapin’s innovative products and services.

Introducing Swapin: How Crypto-to-Fiat Payments Came to Be

The story begins with Swapin Founder and CEO Evald-Hannes Kree recognizing that there was a huge gap between the world of digital assets and traditional finance. Kree recalls the early days of his career in crypto when finding a partner bank to fund his ambitious vision was still a challenge.

Since then, Kree and the Swapin brand have become leaders in the field of crypto-fiat payments. Swapin offers a full suite of B2C and B2B tools that help perform common everyday money-related tasks like grocery shopping, paying monthly bills, or paying for services at a wide range of online merchants. It’s even easy for merchants to accept cryptocurrencies and get paid immediately to a corresponding EUR bank account, all without the fees, fluctuations and headaches of custody, accounting and to crypto compliance.

B2C tools include Instapay and Instafill, with a new option to buy Instabuy crypto on the way. B2B solutions include E-Com and CoinCollector, each allowing merchants and businesses to accept crypto while receiving fiat instead. These merchants can tap into new revenue streams and increase customer satisfaction using payment links and widgets, which can be implemented directly on a merchant site or online store.

Swapin raises €1.69m, industry icons enlist in project team

This incredible range and a refocus on select European countries as part of an updated roadmap that includes marketing expansion has attracted some of the world’s most iconic innovators in finance and crypto. Together, Swapin was able to raise a collective €1.69m. The funding round also attracted industry figures such as Dmitry Pruglo, Marek Pärtel, Toomas Römer and several others.

Pruglo is the co-founder of the Covesting platform, which was one of the first companies in the crypto industry to receive a Gibraltar DLT license. Toomas Römer, is the BOLT CTO and VP of Engineering. Marek Pärtel is the co-founder and CEO of Estateguru, the leading European mortgage lending platform with an annual investment of nearly $500 million.

With the new team of bright minds, Kree believes Swapin “can change the world”. Swapin’s roadmap is ambitious and includes the development of a virtual IBAN implementation. As a regulated company, Swapin is also working to obtain its Electronic Money Establishment License. A planned marketing expansion includes website localization, a multilingual mobile app and a focus on Germany, France and the Nordics.

Swapin solutions make crypto simple for everyone

Swapin solutions simplify crypto transactions while fiat remains king. Businesses, banks, and individuals must always rely on fiat, and Swapin is the bridge that connects the two worlds seamlessly and without frustration.

With every solution designed to meet the challenges of crypto transactions, making automatic crypto-to-fiat transfers a breeze is here today with Swapin. Find out for yourself as you experience the all-new Swapin Website.

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