Damisa Co-Founder Raises £2.25m for Innovative FinTech Launch
Deal News | Apr 10, 2025 | Business Cloud
Damisa, a cutting-edge payments platform based in London, has successfully raised £2.25 million in a pre-seed funding round led by Fuel Ventures. The FinTech company aims to modernize international money transfers, starting with sectors such as logistics, real estate, travel, and education. With a market launch anticipated in July, Damisa plans to utilize this capital injection to enhance its operational infrastructure, secure necessary licenses, and advance its technological capabilities. The platform's leadership includes seasoned industry figures like CEO Jordan Lawrence, co-founder of Volt, and Maximilian Marenbach, former head of APAC expansion at Kraken. Fuel Ventures' continued support highlights the confidence in Damisa's potential to revolutionize the global payments landscape by simplifying and accelerating cross-border transactions.
Sectors
- FinTech
- Financial Services
- Investment
Geography
- United Kingdom – Damisa is based in London, which is pertinent to the FinTech and investment activities discussed.
Industry
- FinTech – Damisa operates within the FinTech industry, focusing on payment solutions and cross-border transactions.
- Financial Services – The company provides financial transaction services, particularly in simplifying escrow and cross-border payments.
- Investment – Fuel Ventures' involvement signifies the investment aspect of the funding round for Damisa.
Financials
- £2.25 million – Pre-seed funding amount raised by Damisa.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Damisa | Target Company | Company | A next-generation payments platform focused on cross-border transactions. |
| Fuel Ventures | Investor | Company | Led the £2.25 million pre-seed funding round for Damisa. |
| Jordan Lawrence | CEO | Person | CEO of Damisa and co-founder of Volt. |
| Maximilian Marenbach | Team Member | Person | Former head of APAC expansion at Kraken, part of Damisa's team. |
| Panos Dandolas | Team Member | Person | Former head of FinTech innovation at Agoda, part of Damisa's team. |
| Mark Pearson | Managing Partner | Person | Managing partner at Fuel Ventures. |