Athena Ventures made a new investment agreement with Tiiik
Athena Ventures is pleased to announce that we made a new investment agreement with Tiiik: a digital wallet designed for the modern day; save, spend and earn on the same balance.
Tiiik has raised $5.2 million in a Seed round. The raise was co-led by Global Founders Capital and FinTech Collective, supported by DACM, B Digital, Decision Tree Capital, Investible, LedgerPrime, Ox Ventures, Athena Ventures, Double Peak, Valhalla Capital, Parsiq, NxGen and Waterdrip Capital. Their mission is to simplify access to a fair, open and inclusive financial system.
The potential background for the emergence of Tiiik is because the traditional financial system is not working for the person living in this stage. In the normal situation, banks are incentivized to profit at the expense of clients. Thus, the problems are too deeply rooted that they are impossible to fix without completely changing the underlying infrastructure. However, the emergence of Tiiik is necessary as it is not restricted to the traditional financial model using digital assets to find the best possible returns. The mission of Tiiik is to simplify access to a fair, open and inclusive financial system. Its profitability is making money by taking part of the (Variable) yield available — passing the bulk of the return back to investors.
Tiiik is a company that aims to the public using their money in a more appropriate approach in various aspects. In addition, it is a digital wallet that is very suitable for the current situation. The purpose of Tiiik is to construct a financial model that benefits both sides, such as the flexibility to deposit and withdraw your money whenever you want — without any hidden fees and secret penalties.
About Athena Ventures:
Athena Ventures is a venture capital firm based in Singapore, focusing on cutting-edge blockchain technologies, identifying opportunities across various sectors with our prudent investment philosophy, and investing at the right moment.
In addition to our considerable project resources around the globe and our ability to identify the most promising projects, we also leverage our resource network and business platforms, thereby integrating our resources and offering value-added services to portfolio companies through multiple channels, as well as designing diversified and flexible exit plans that provide desirable returns on investment.