Finoa and Outlier Ventures join forces to accelerate the growth of crypto start-ups
We are pleased to announce our collaboration with Outlier Ventures, the world’s leading accelerator platform for the Open Metaverse. Through this partnership, Finoa is supporting Web 3.0 founders with institutional-grade solutions for managing crypto investments and operations end-to-end.
Outlier Ventures was one of the first VC firms dedicated to investing in the emerging crypto ecosystem and has established itself as the ‘Y Combinator for The Metaverse’.
The collaboration will provide accelerator participants with access to professional crypto custody and management services via Finoa’s intuitive interface.
By using our platform, start-up founders can minimize the risk, operational overhead, and friction commonly associated with early-stage crypto treasury management and operations. Our goal is to make it as seamless as possible for founders to manage investor proceeds, future native tokens, and staking operations, while fulfilling all of their financial and regulatory reporting requirements, from a regulated and highly secure environment.
“Early institutional-grade support is increasingly important for crypto-native companies to realize the full commercial potential and reduce operational bottlenecks when executing the go-to-market strategies. With this partnership, we look forward to helping many promising accelerator participants with treasury management and building trust with investors, as well as working together with the founders to pave the way to public sales and full commercial realization” — Marius Smith, Head of Partnerships & Ecosystem at Finoa.
“The ability to partner with a regulated banking and custodial institution that also understands the needs of the 120+ portfolio companies going through our Base Camp program this year alone will allow our founders to stay focused on what they do best — build world-class Web 3 products. As our ecosystem continues to expand, we look forward to following Finoa on their journey to bridge the gap between institutional investors and the next paradigm of Open Metaverse builders” — David Shamash, Partnerships at Outlier Ventures.
Founded in 2018, Finoa is the gateway for institutional investors and corporations to interact with the crypto ecosystem. Finoa is the leading Europe-based regulated crypto provider offering custody and staking products for institutional investors to safely engage with crypto and grow their portfolio. the company serves high-profile clients, including renowned venture capital firms, crypto hedge funds, corporates and high net worth individuals. Finoa has quickly emerged as one of the leading digital asset platforms in Europe with several hundreds of B2B customers. Finoa is backed by €19 million in funding from Balderton Capital, Coparion, Venture Stars, Signature Ventures, and an undisclosed investor. Finoa was included in Sifted’s list of “Breakout Fintechs of 2021” and on CB Insights’ “Fintech 250” list.
About Outlier Ventures
Outlier Ventures has been backing startup founders since 2014 and are now established as the world’s leading accelerator platform for the Open Metaverse. Building on eight years of industry experience, Outlier Ventures designs bespoke programs that help refine business strategy, product-market fit, community growth, token design and governance as well as an investor and mentor network.