Nilos raised $5.2 million in a round co-led by Fabric Ventures and Viola Ventures.
Nilos, a startup aiming to build a unified business platform for managing both crypto and fiat treasuries, has raised $5.2 million in a round co-led by Fabric Ventures and Viola Ventures.
Nilos, a startup that aims to build a unified platform for managing crypto and fiat treasuries, raised $5.2 million in a round led by Viola Ventures and Fabric Ventures. Nilos aims to unify crypto wallets, fiat corporate accounts, and payment service providers so that income, money flows and payments can be tracked on one platform. It will also allow crypto to fiat currency payouts, the ability to create accounting reports on such data, and can monitor suspicious sources of funds in line with anti-money laundering requirements.
Nilos said in the announcement that it wants to tap into the growing number of businesses that find themselves dealing with both fiat and crypto treasuries, or those that are looking to get into crypto. It says its clients include AnotherBlock, Rocket3, Metafight, and Rarecubes.