Next Generation, a Paris-based fintech innovator has anaunced the succeseful completion of its $5 million seed funding round, backed by a consortium of international investors including two Cyprus-based firms, an Austrian enterprise, and a prominent European entrepreneur.
The funding round will accelerate the launch of the company’s pioneering B2B payment ecosystem, designed to bridge traditional finance (TradFi) and digital finance through its proprietary MiCA-compliant, EUR-pegged stablecoin.
The capital will finalize technical development and expand partnerships for the blockchain-driven platform, which eliminates intermediaries. One of the products features direct integration between IBAN accounts and crypto wallets. Anchoring the ecosystem is Next Generation’s proprietary stablecoin, pegged 1:1 to the Euro and poised for launch on major crypto exchanges following regulatory approval as an Electronic Money Institution (EMI). Pre-launch commitments already exceed $10 million in Total Value Locked (TVL) from global financial institutions.
“Our solution redefines business transactions by merging TradFi with digital finance innovation,” said Suren Hayriyan, the president Next Generation. “Businesses gain unmatched speed, cost efficiency, and seamless cross-border capabilities—all within a single platform.”
He stated that the firm views complementary business acquisitions as a strategic growth trajectory for the company’s development.
“Next Generation’s aggressive acquisition strategy is central to its vision. The recent purchase of Lugh Financial Services, a Digital Asset Service Provider (DASP) from France’s Casino Group, ensures compliance with the EU’s Markets in Crypto-Assets (MiCA) framework.”
This follows a broader corporate tactic of acquiring complementary companies to address multifaceted challenges—from regulatory compliance and technology integration to AML protocols and cybersecurity.
“Progressive acquisitions of specialized firms allow us to minimize development costs, accelerate time-to-market, and deliver value to shareholders,” Hayriyan emphasized. “It’s a win-win model: We absorb expertise while investors gain exposure to a diversified, future-proof ecosystem.”
“By acquiring specialized firms and leveraging blockchain’s potential, we’re building a unique holding-structured ecosystem contributing to the future payments where the transactions are borderless, efficient, next to instant and inclusive,” added Hayriyan.
With EUR-stablecoins representing a negligible share of the over $200 billion stablecoin market, Next Generation projects the sector to reach $11 billion in 2027. The company aims to capitalize on this growth, planning following additional funding to further scale its ecosystem and drive global adoption.
Next Generation believes that in the coming years, the role of EUR-pegged stablecoins will grow increasingly significant, driven by rising demand and soaring adoption. These factors will galvanize a stable and promising foundation for increased investment in blockchain and digital finance.
Read the orginal article: https://ffnews.com/newsarticle/funding/next-generation-secures-5-million-in-seed-funding-to-pioneer-blockchain-powered-b2b-payment-ecosystem/
