In an interview with The echoes, Pierre Noizat, the CEO-co-founder of Paymium, revealed that his company plans to raise funds again.
Launched in 2011 and already supported by Spring, Avolta Partners and Xavier Niel via its Kima Ventures fund, the platform Paymium allows you to buy, sell and trade cryptocurrencies like Bitcoin and Ethereum.
We are considering a fundraising in the region of 10 million euros for our development, ”said Noizat.
According to the director, who is also CEO and founder of the crypto-trading platform Blockchain.io, in France, funds and other venture capital firms are still very cautious about investing in the investment industry. blockchain and digital assets.
I don't think that will change in the near future, ”he added.
Today, Paymium, which recently submitted a PSAN visa application to the AMF, claims more than 200,000 users across Europe, nearly 75% of whom are based in France.
The exchange commissions on cryptos are higher than those of the equity markets given the lower volumes. On the other hand, the conservation fees are higher given the counterparty risk linked to the irreversibility of the transactions, "concluded Noizat.
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