TechFlow news, April 27 — According to Crowdfund Insider, WineFi, a London-based fintech company, has announced the completion of a £1.5 million (approximately $2 million) seed funding round. The round was led by UK premium wine group Coterie Holdings, with participation from SFC Capital, Founders Capital, and several angel investors.
The report stated that WineFi was founded by Oliver Thorpe and Callum Woodcock, former asset managers at Fidelity International and JPMorgan Asset Management. The platform will partner with digital asset provider Lympid to enable fractional ownership of premium wine assets on a blockchain platform, with a minimum investment of £3,000. The funds raised will be used to enhance analytical tools and expand its wine portfolio services.
