Loading organizations...
§ Private Profile · London, United Kingdom
Fintech startup simplifying cross-border B2B payments for global businesses, focused on stablecoins, programmable wallets, and API tools.
Damisa is a London-based financial technology company that develops a B2B payments platform integrating stablecoins with traditional fiat currencies to streamline international transactions. The cloud-based SaaS platform provides application programming interfaces and programmable smart wallets that facilitate global collections, multicurrency payouts, automated escrow, and instant settlements across more than 25 distinct currencies. Targeting operational inefficiencies in traditional banking, the system serves global marketplaces, digital platforms, and enterprise scaleups operating primarily within emerging markets. Operating with regulatory financial licensing in both Poland and Australia, the enterprise officially launched and executed its first commercial transaction in April 2025. The startup raised £2.25 million in a pre-seed funding round led by Fuel Ventures, drawing on prior executive leadership experience from the open banking provider Volt. Damisa was founded in 2024 by Jordan Lawrence, Panos Dandolas, and Maximilian Marenbach.
Damisa has raised $3.0M across 1 funding round.
Damisa has raised $3.0M in total across 1 funding round.
Damisa is a UK-based fintech startup that builds a platform for B2B cross-border payments, leveraging stablecoins and blockchain to enable fast, low-cost global collections, transfers, and payouts in fiat or crypto.[1][2][3] It serves businesses handling international transactions, solving problems like slow settlement (2–7 days), high fees (up to 5%), FX exposure, and regulatory complexities through stablecoin orchestration, secure programmable wallets, automated AML, and seamless fiat/crypto reconciliation.[1][3] Founded in late 2024, Damisa has raised over $2M in funding and secured a Virtual Asset Service Provider (VASP) license for regulated operations, showing early momentum with testimonials on operational efficiency gains.[1][2]
The idea for Damisa emerged in December 2024, driven by the vision of a B2B cross-border payment platform using stablecoins and smart escrow to streamline global transactions amid inefficiencies in traditional banking.[2] The founding team assembled in January 2025, led by Jordan Lawrence (Founder of Volt), Max Marenbach (ex-Kraken), and Panos Dandolas (ex-Agoda), combining expertise in fintech, crypto exchanges, and payments scaling.[2] DAMISA TECHNOLOGIES LTD was officially incorporated on November 11, 2024, in London as a private limited company focused on financial intermediation.[4] Key early milestones include obtaining a VASP license in early 2025 for regulated crypto services and launching publicly this month with over $2M in funding, marking rapid traction in the fintech space.[1][2][5]
Damisa rides the stablecoin and blockchain payments wave, capitalizing on growing adoption for real-time, borderless B2B transactions amid rising global trade and remittance volumes.[1][2][3] Timing aligns with regulatory progress like VASP licenses and post-2024 crypto clarity, countering market forces such as volatile FX rates, de-dollarization in emerging markets, and banks' slow non-G10 processing.[2][4] It influences the ecosystem by bridging fiat and crypto for businesses, reducing reliance on legacy rails like SWIFT, and enabling fintechs/SMBs to compete globally—much like how Stripe simplified e-commerce payments.[1][5]
Damisa's regulated stablecoin focus positions it for explosive growth in a $190T+ cross-border market, with next steps likely including API expansions, more fiat on-ramps, and partnerships in high-volume regions like Asia/Europe.[1][3] Trends like tokenized assets, CBDCs, and AI-driven compliance will amplify its edge, potentially evolving it into a full payments orchestrator akin to early Wise or Ripple. As a 2025 entrant with battle-tested founders, expect scaled funding rounds and market share grabs, reinforcing its launch as a timely disruptor in fragmented B2B flows.[2][5]
Damisa has raised $3.0M in total across 1 funding round.
Damisa's investors include Fuel Ventures, Dig Ventures, Double Prime LLP, KHOCEL INVEST.
Damisa has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in April 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2025 | $3M Seed | Fuel Ventures | DIG Ventures, Double Prime LLP, KHOCEL INVEST | Announced |