Finoa
Founded Year
2018Stage
Series A | AliveTotal Raised
$22.03MLast Raised
$22M | 2 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+50 points in the past 30 days
Finoa's Product Videos
ESPs containing Finoa
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
Companies in this market offer yield generation for institutional investors through staking, where crypto assets are allocated to process transactions and secure protocols (e.g., Ethereum) in exchange for rewards. Staking providers run nodes (a requirement to stake) as a service for clients, eliminating the technical overhead of setting up and managing nodes of their own.
Finoa named as Leader among 9 other companies, including Figment, Blockdaemon, and Cybavo.
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Finoa's Products & Differentiators
Custody
With our secure custody solution, institutional investors can easily protect and manage their treasury. We offer day-one support for in-demand projects, giving VCs and institutional investors early access to emerging protocols. As part of our white-glove service, our institutional clients get a seat at the table and can influence our protocol integration roadmap. ERC-20 tokens are available upon request and support is offered within a week.
Research containing Finoa
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Finoa in 3 CB Insights research briefs, most recently on Mar 27, 2023.
Oct 15, 2022
What is institutional staking?
Expert Collections containing Finoa
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Finoa is included in 4 Expert Collections, including Banking.
Banking
841 items
Blockchain
6,168 items
Companies and startups in this collection leverage blockchain technology for crypto trading, decentralized finance (DeFi), NFTs, and more.
Fintech 250
250 items
250 of the top fintech companies transforming financial services
Fintech
5,113 items
Track and capture company information and workflow.
Latest Finoa News
Mar 6, 2023
Finoa are pleased to announce that they received three license approvals from BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht) for crypto custody, crypto brokerage, and proprietary trading of crypto. The licenses mean that Finoa is now “a fully regulated financial institution, and will be able to offer a... Read More
Finoa Frequently Asked Questions (FAQ)
When was Finoa founded?
Finoa was founded in 2018.
Where is Finoa's headquarters?
Finoa's headquarters is located at Heinrich-Mann-Allee 3b, Potsdam.
What is Finoa's latest funding round?
Finoa's latest funding round is Series A.
How much did Finoa raise?
Finoa raised a total of $22.03M.
Who are the investors of Finoa?
Investors of Finoa include Venture Stars, Coparion, Signature Ventures, Balderton Capital, Horizon 2020 and 3 more.
Who are Finoa's competitors?
Competitors of Finoa include BitGo and 6 more.
What products does Finoa offer?
Finoa's products include Custody and 4 more.
Who are Finoa's customers?
Customers of Finoa include Mina Foundation, Earlybird VC, T-Systems and Coinlist.
Compare Finoa to Competitors
Anchorage is a digital asset custodian engineered to provide security and the benefits of asset accessibility, including capturing yield from staking and inflation, voting, auditing proof of existence, and fast transactions.
BitGo provides a bitcoin security platform to mitigate risk and optimizes capital efficiency. It offers a multi-signature wallet, portfolio management, corporate treasury, and enterprise enablement to secure Bitcoin from theft and loss. The company was founded in 2013 and is based in Palo Alto, California.
Fireblocks streamlines operations by bringing all exchanges, OTCs, counterparties, hot wallets, and custodians into one platform. Wallets, deposit addresses, and API credentials are secured using chip isolation technology and in cryptography (MPC).
Matrixport is a digital financial services platform that enables users to trade, entrust, invest, and borrow crypto assets all in one place.
Standard Custody is a digital asset custodian dedicated to bringing ultra-security, ease of use, and support to institutions around the world.
Stellar is a nonprofit organization. It provides a decentralized protocol for sending and receiving money in any pair of currencies. It makes direct investments across all stages. It was founded in 2014 and is based in San Francisco, California.
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