Januar Secures €1.5M Funding for B2B Crypto Services

Copenhagen-based Januar, a payment gate for crypto companies, has landed a €1.5M funding boost in a Seed Extension round. This injection of capital comes from CMT Digital, Third Prime, and Skyfall Ventures, along with support from Michael Grønager, Chainalysis Co-founder & CEO, and existing investors. The company's co-CEO and Founder, Simon Ousager, expressed excitement about the funding, highlighting its role in driving international expansion and profitability. Januar aims to solidify its position in the crypto space and enhance user experience with these resources. In addition to the funding news, Januar has unveiled Januar Crypto, an institutional Wallet and Crypto Trading solution integrated with its existing fiat account and payment offerings. This move streamlines operations for businesses by enabling seamless fiat-to-crypto conversions on the platform. Following a previous Seed funding round that raised €6M, Januar obtained a Payment Institutions license from the Danish FSA, allowing it to operate across all 30 EEA markets. The company's financial infrastructure for crypto businesses includes fiat business accounts, payment solutions, and crypto wallet and trade services on a single platform. Investors like CMT Digital, Third Prime, and Skyfall Ventures have praised Januar's compliance-focused approach and innovative platform that bridges fiat and crypto operations. With a focus on regulatory compliance and industry professionalism, Januar is set to redefine banking and payments in the crypto sphere.