Finoa GmbH

Based in Berlin, Germany, and founded in 2018 by Christopher May and Henrik Gebbing, Finoa GmbH operates as a fintech company that develops and provides digital custody and asset servicing solutions to individuals and institutional investors. In April 2021, Finoa GmbH raised USD 22 million in Series A funding led by Balderton Capital, with participation from Coparion, Signature Ventures, Venture Stars, and other unspecified investors. As of September 2021, the company employs 40 people.   Finoa GmbH provides digital asset custody and financial services platform to enable secure and regulated institutional access to the world of digital assets and blockchain-powered innovation.

The company's platform offers services for custody, staking and trading. For custody purposes, the platform offers storage technology, usability, and access, and enables integration support for assets. For staking, the company offers a secure environment and setup to meet institutional needs. For trading, the platform offers OTC (over the counter) trading partners, instant settlement and integrated trading, which gives complete access to trading brokers, venues, best price execution, and broad liquidity from a single account.

In the financial year 2020, the company has increased its revenue by 50 times as compared to 2019. The company plans to use its proceeds from April 2021 funding to expand the team, build products and services, meet growing institutional interest for digital assets and enable participation in innovative financial services beyond staking and custody.