#Cyprus #Nicosia #Fintech Solutions #Crypto Banking #Kea

Kea Secures Significant Funding to Revolutionize Banking

In a remarkable development within the fintech sector, Kea has announced the successful closure of its extended seed funding round, raising €6 million and achieving a post-money valuation of €40 million. This significant milestone was revealed during the SiGMA Euro-Med 2025 event held in Malta, where Kea showcased its cutting-edge payment solutions and participated in a panel discussion titled 'Stablecoins and the Payments Ecosystem'.

Kea's CEO, Mark Berkovich, expressed enthusiasm over the funding, indicating that it would enable the company to enhance its core banking infrastructure tailored for cryptocurrency and stablecoin transactions. This latest funding round was led by a private investor based in Switzerland, who is renowned for making early investments in transformative fintech ventures. The backing from such a prominent investor not only signifies financial support but also establishes a strategic partnership that is poised to yield substantial long-term impacts on the banking industry.

Transforming Banking Access for Underbanked Markets

Kea’s primary mission revolves around creating a more accessible and trustworthy banking experience, particularly for individuals and businesses that have been traditionally excluded from the financial system. By integrating cutting-edge technologies, Kea offers a comprehensive, compliant platform that encompasses various financial services, including cryptocurrency, stablecoins, foreign exchange (FX), SEPA, SWIFT, and IBAN accounts, all facilitated through a simplified KYB (Know Your Business) onboarding process.

The core of Kea's operations is built atop its proprietary Core Banking System, launched in early 2024, and supplemented by its innovative Payment Intelligence Layer, which streamlines integration with global payment providers. Unlike traditional banking systems characterized by bureaucratic inefficiencies, Kea emphasizes a human-centered approach, committing to empathetic communication and tailored support—prioritizing the needs of clients who are entrepreneurs and operators, rather than just numbers in a ledger.

Driving Growth Through Crypto Processing Solutions

Kea's entry into the cryptocurrency sector, initiated merely six months prior, has already indicated promising success metrics. Their state-of-the-art crypto processing solution is reported to provide clients with a remarkable 20-30% growth in revenue upon integrating crypto capabilities into their operations, significantly reducing commission fees for high-volume transactions by over 80%. Additionally, it facilitates seamless crypto-to-fiat transitions directly into corporate accounts while employing a single KYB onboarding process that eliminates the need for repeated verifications.

The platform also allows businesses to use stablecoins for cross-border transactions, showcasing its ability to combine speed and stability in volatile markets. By effectively minimizing friction in payments, Kea empowers its clients to adapt and thrive in an increasingly complex economic landscape.

Future Growth and Strategic Initiatives Post-Funding

The newly acquired €6 million in funding is earmarked for accelerating several key initiatives that aim to foster further growth within the company. These initiatives include the expeditious processing of licensing applications across the UK, UAE, and Europe, as well as the enhancement of crypto-processing features, such as robust on/off-ramping solutions.

Moreover, Kea plans to roll out its fintech mega-app, which promises to significantly improve user experience and scalability. The ongoing integration of new payment rails and partnerships aims to extend their payment corridors and ensure their clients can access the most efficient financial pathways.

In conclusion, as digital financial ecosystems evolve rapidly, Kea stands at the forefront of this transformation, dedicated to unlocking the potential of seamless banking integrated with the advantages of cryptocurrency. With an impressive funding round and strategic roadmap ahead, Kea is set to redefine financial experiences for both traditional and underserved markets.