TechFlow news, according to Decrypt, German fintech company Unstoppable Finance has announced plans to launch a DeFi-native bank and a euro-pegged stablecoin under the guidance of the EU's Markets in Crypto-Assets (MiCA) regulation.
It is reported that Unstoppable Finance raised $5.2 million in seed funding in October 2021, with participation from Speedinvest, Inflection, Backed, Cadenza, Discovery Ventures, Fabric Ventures, Rockaway Blockchain Fund, Centrifuge, and Fractal. In August 2022, the company secured €12.5 million ($12.8 million) in Series A funding led by Lightspeed Venture Partners, with participation from Speedinvest, Rockaway Blockchain Fund, Backed VC, Inflection, Discovery Ventures, Fabric Ventures, and Anagram.
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