Cerchia, a Zug, Switzerland-based fintech firm that’s constructing a capital markets platform to create an environment friendly, clear, and compliant resolution for direct danger switch between reinsurers and buyers, raised CHF 1.3M in funding.
The spherical was led by HTGF and personal buyers.
The corporate intends to make use of the funds to speed up progress and develop operations.
Based in 2020 by Michael Rey (CEO) and Dr. Fabian Buchmann (COO), Cerchia permits direct danger switch between buyers and patrons of insurance coverage protection (e.g. reinsurers or corporates). The corporate has developed a proprietary direct danger switch platform (DRTTM) on the Zilliqa Blockchain. Its crew goes to launch the primary product in spring 2023 to offer uncorrelated returns and local weather dangers hedge.
FinSMEs
24/01/2023
About Cerchia
www.cerchia.io
