Knabu

Knabu, founded in 2017, is a promising startup with the slogan "Democratising Clearing and Settlement for Fintechs and Banks." The company focuses on providing a new clearing infrastructure for firms looking to utilize Distributed Ledger Technology (DLT), become payment institutions, or electronic money institutions. Operating within the Blockchain and Insurance industries, Knabu is headquartered in the United Kingdom. In line with their vision, Knabu secured a significant investment of $2.50M in a Seed Round at 01 October 2021. The investors participating in this round were DCG Expeditions and Beta.Ventures. This investment not only provides Knabu with the necessary resources to further develop their clearing infrastructure but also signifies a show of confidence from reputable venture capital firms. With the support of these investors, Knabu is well-positioned to make a substantial impact in the realm of clearing and settlement within the financial technology and banking sectors.