Vermiculus Financial Technology, a Stockholm, Sweden-based firm specialised in offering state-of-the-art know-how to exchanges, clearinghouses, and CSDs, raised USD 5.55M in funding.
L4 Enterprise Builder, an impartial funding fund with capital for investments within the ecosystems of innovation and entrepreneurship, will take a minority stake within the firm.
The transaction is predicted to shut within the coming weeks.
Created by a bunch of former leaders from Cinnober Monetary Expertise and led by Taraneh Derayati, CEO, Vermiculus Monetary Expertise is an impartial, world supplier of excessive performing know-how to exchanges, clearing homes, and CSDs.
With its headquarters in Stockholm, Sweden, Vermiculus consists of hand-picked groups, skilled to ship mission-critical options. With a long time of amassed information and experience, the group has beforehand accomplished 75+ tasks for the world’s largest exchanges, clearing homes, and CSDs.
Based in 2022, with dedicated capital of R$ 600million by B3 S.A. – Brasil, Bolsa, Balcão (B3), L4 Enterprise Builder is likely one of the fundamental funding funds with capital dedicated by a single Brazilian company. The aim of the funding fund is to empower entrepreneurs bringing know-how and dependable options to Brazil specializing in innovation and growth.
FinSMEs
14/03/2023
