Fiat Republic

London, United Kingdom Founded: 2021 • Age: 5 yrs
API for fiat and cryptocurrency transactions is provided to businesses.

About Fiat Republic

Fiat Republic is a company based in London (United Kingdom) founded in 2021 by Adam Bialy.. Fiat Republic has raised $13 million across 3 funding rounds from investors including Arca, Seedcamp and Speedinvest. The company has 11 employees as of December 31, 2022. Fiat Republic has completed 1 acquisition, including Paybase. Fiat Republic offers products and services including Banking & Payments API, Oxygen, and EagleNet. Fiat Republic operates in a competitive market with competitors including Galoy, Interlace, Vesto, BipTap and Jewel Bank, among others.

  • Headquarter London, United Kingdom
  • Employees 11 as on 31 Dec, 2022
  • Founders Adam Bialy
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fiat Republic Ltd
  • Date of Incorporation 20 Jun, 2021
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $13 M (USD)

    in 3 rounds

  • Latest Funding Round
    $7 M (USD), Seed

    Dec 19, 2023

  • Investors
    Arca

    & 9 more

  • Employee Count
    11

    as on Dec 31, 2022

  • Investments & Acquisitions
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Products & Services of Fiat Republic

Fiat Republic offers a comprehensive portfolio of products and services, including Banking & Payments API, Oxygen, and EagleNet. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Aggregated platform for fiat deposits, withdrawals, and transactions in crypto.

Transaction monitoring system for automated regulatory compliance rules.

Network for instant fiat settlements between crypto participants.

People of Fiat Republic
Headcount 10-50
Employee Profiles 8
Employee Profiles
People
Avinash Agrawal
Chief Product Officer
People
Paula Steiner
Group Head, Compliance
People
Russell Chopping
Compliance Operations Manager
People
Fariha Bajawrhi
Senior Compliance Manager (advisory)

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Funding Insights of Fiat Republic

Fiat Republic has successfully raised a total of $13M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $7 million completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Seed — $7.0M
  • First Round

    (02 Feb 2022)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2023 Amount Seed - Fiat Republic Valuation Kraken Ventures , Fabric Ventures
Jun, 2022 Amount Seed - Fiat Republic Valuation Credo Ventures
Feb, 2022 Amount Seed - Fiat Republic Valuation Speedinvest , Seedcamp
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Fiat Republic

Fiat Republic has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Arca, Seedcamp and Speedinvest. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Blockchain and decentralized networks are targeted for venture capital investments.
Founded Year Domain Location
Tech-focused venture capital firm
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Fiat Republic

Fiat Republic has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Paybase. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Unified payments solutions are offered for merchants via API integration.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Fiat Republic

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Fiat Republic Comparisons

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Competitors of Fiat Republic

Fiat Republic operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Galoy, Interlace, Vesto, BipTap and Jewel Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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Crypto banking infrastructure is provided for financial services platforms.
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Blockchain-based privacy-centric offshore banking solutions are developed.
domain founded_year HQ Location
Digitally native bank for digital asset investors and market makers
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Fiat Republic

Frequently Asked Questions about Fiat Republic

When was Fiat Republic founded?

Fiat Republic was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Fiat Republic located?

Fiat Republic is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Who is the current CEO of Fiat Republic?

Adam Bialy is the current CEO of Fiat Republic. They have also founded this company.

Is Fiat Republic a funded company?

Fiat Republic is a funded company, having raised a total of $13M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3.5M, raised on Feb 02, 2022.

How many employees does Fiat Republic have?

As of Dec 31, 2022, the latest employee count at Fiat Republic is 11.

What does Fiat Republic do?

Founded in 2021 and based in London, United Kingdom, Fiat Republic operates in the fintech sector. An API is offered to facilitate fiat and cryptocurrency transactions for businesses. Banking partners are aggregated to deliver payment infrastructure and compliance tools. Access to fiat currencies is enabled, along with transaction monitoring and virtual accounts. Treasury operations are streamlined through integration with financial institutions.

Who are the top competitors of Fiat Republic?

Fiat Republic's top competitors include Galoy, BipTap and Vesto.

What products or services does Fiat Republic offer?

Fiat Republic offers Banking & Payments API, Oxygen, and EagleNet.

How many acquisitions has Fiat Republic made?

Fiat Republic has made 1 acquisition, including Paybase.

Who are Fiat Republic's investors?

Fiat Republic has 10 investors. Key investors include Arca, Seedcamp, Speedinvest, SoftBank Vision Fund, and Kraken Ventures.

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