UK-based fintech startup Damisa enters the spotlight with a fresh injection of funds as it prepares to launch its stablecoin payment service. The emerging company, founded by experienced entrepreneur Jordan Lawrence, receives backing that promises to address long-standing complications in international B2B transactions. Damisa’s current financing efforts pave the way for innovative alternatives to traditional escrow and settlement methods, drawing interest from multiple investors and industry figures.
Additional reports emphasize that the startup’s £2.25M pre-seed round, led by Fuel Ventures, corresponds with ongoing trends in fintech investments. Similar developments have been noted in sources that document increased confidence in digital assets for global payment systems. Observers note that Damisa’s strong track record, including Lawrence’s previous venture Volt, reinforces the market’s potential response.
Damisa’s recent fundraising round attracted prominent investors including EWOR, Greyhound Capital, and a fintech investor with notable credentials, which underlines the market’s scrutiny for modern approaches in cross-border settlements. The planned service aims to reduce operational friction for sectors such as logistics, real estate, travel, and education.
What distinguishes Damisa’s payment solution?
Damisa employs a design that incorporates stablecoins alongside its proprietary smart wallet system to facilitate clear and speedy international transfers. The solution focuses on reducing high fees and delays that are intrinsic to legacy infrastructures while ensuring transparency in transactions.
How does the funding propel Damisa’s business model?
The pre-seed capital accelerates Damisa’s efforts to refine its service for sectors that have traditionally suffered under outdated payment frameworks. The investment plays a key role in supporting the deployment of modern technology in stablecoin payments and ensuring the startup meets regulatory clarity in digital asset operations.
Mark Pearson, Managing Partner at Fuel Ventures, stated, “Damisa is uniquely positioned to fundamentally transform international payments. We’ve invested in Jordan before through our involvement with Volt and are pleased to support this initiative.”
CEO Jordan Lawrence remarked, “This funding reflects confidence in our vision to improve global payment processes by implementing smart wallets with leading stablecoins. We are ready to provide practical benefits for businesses across multiple sectors.”
The startup targets industries that have long faced friction in international transfers. Its service addresses both speed and security while simplifying escrow arrangements across diverse markets. Damisa’s strategy directly responds to a need for more efficient, technology-based payment solutions.
The investment and planned product launch indicate that the financial technology landscape is embracing digital assets for everyday business use. The funding not only enables product refinement but also highlights growing institutional interest in addressing the challenges posed by traditional financial ecosystems. Observers note that improved transparency and reduced costs will likely benefit multiple global sectors.