Kea is showcasing its flagship payment solutions and joining the stage in the panel discussion “Stablecoins and Payments Ecosystem.” Alongside its product highlights, Kea has also announced the close of its €6 million extended seed funding round, bringing its post-money valuation to €40 million.
“Kea is not just building better banking experience— it’s building access, trust, and relevance in a world where millions are still left out,” said Mark Carnegie. “I’ve backed the company before, and I’m proud to continue supporting a team that understands regulation, technology equally well. That’s a rare combination — and it shows.”
Strategic Investment with a Vision
Leading the round is a Switzerland-based private investor known in insider circles for early bets on transformative fintech and blockchain ventures. Their belief in Kea’s roadmap signals more than funding — it’s a strategic alliance for long-term impact.
Building on a prior €2.5 million seed round led by Mark Carnegie in 2023, both investors actively contribute strategic guidance, accelerating Kea’s growth trajectory.
A New Era of Banking for Underbanked Markets
Kea offers a seamless, compliant platform for crypto, stablecoins, FX, SEPA, SWIFT, and IBAN accounts — all under one KYB onboarding process. The technology stack includes:
- A proprietary Core Banking System launched in early 2024
- A Payment Intelligence Layer enabling rapid integrations with global providers
But beyond its tech stack, Kea is built on human touch — replacing legacy banking’s cold bureaucracy with empathetic communication, hands-on support, and client-first culture.
“Our clients aren’t numbers — they’re founders and operators we empower with tailored support and frictionless services,” said CEO Mark Berkovich.
Crypto Processing: Driving Client Success
Launched just six months ago, Kea’s crypto processing solution delivers:
- 20–30% revenue growth for clients adding crypto rails
- Over 80% savings on commission fees for high-volume transactions
- Seamless crypto-to-fiat off-ramping directly into corporate accounts
- One KYB onboarding for both crypto and traditional banking — no repeated verification
- Stablecoins built-in — send and settle cross-border transactions in seconds, with near-zero volatility
This unified approach eliminates friction and empowers businesses to thrive in a complex market.
What’s Next with the €6M Funding
The new capital will power:
- Accelerating licensing applications in the UK, UAE and EU EMI acquisition
- Expansion of crypto-processing features, including robust on/off-ramping
- Deployment of Kea’s fintech mega-app for enhanced scalability and user experience
- Integration of new payment rails and providers, extending payment corridors
- Development of stablecoin infrastructure tailored for client needs
Read the orginal article: https://ffnews.com/newsarticle/funding/kea-raises-e6m-in-extended-seed-round-at-e40m-valuation-to-scale-its-crypto-friendly-core-banking-infrastructure/
