Damisa is a UK-based fintech startup that builds a platform for B2B cross-border payments, leveraging stablecoins and blockchain to enable fast, low-cost global collections, transfers, and payouts in fiat or crypto.[1][2][3] It serves businesses handling international transactions, solving problems like slow settlement (2–7 days), high fees (up to 5%), FX exposure, and regulatory complexities through stablecoin orchestration, secure programmable wallets, automated AML, and seamless fiat/crypto reconciliation.[1][3] Founded in late 2024, Damisa has raised over $2M in funding and secured a Virtual Asset Service Provider (VASP) license for regulated operations, showing early momentum with testimonials on operational efficiency gains.[1][2]
The idea for Damisa emerged in December 2024, driven by the vision of a B2B cross-border payment platform using stablecoins and smart escrow to streamline global transactions amid inefficiencies in traditional banking.[2] The founding team assembled in January 2025, led by Jordan Lawrence (Founder of Volt), Max Marenbach (ex-Kraken), and Panos Dandolas (ex-Agoda), combining expertise in fintech, crypto exchanges, and payments scaling.[2] DAMISA TECHNOLOGIES LTD was officially incorporated on November 11, 2024, in London as a private limited company focused on financial intermediation.[4] Key early milestones include obtaining a VASP license in early 2025 for regulated crypto services and launching publicly this month with over $2M in funding, marking rapid traction in the fintech space.[1][2][5]
Damisa rides the stablecoin and blockchain payments wave, capitalizing on growing adoption for real-time, borderless B2B transactions amid rising global trade and remittance volumes.[1][2][3] Timing aligns with regulatory progress like VASP licenses and post-2024 crypto clarity, countering market forces such as volatile FX rates, de-dollarization in emerging markets, and banks' slow non-G10 processing.[2][4] It influences the ecosystem by bridging fiat and crypto for businesses, reducing reliance on legacy rails like SWIFT, and enabling fintechs/SMBs to compete globally—much like how Stripe simplified e-commerce payments.[1][5]
Damisa's regulated stablecoin focus positions it for explosive growth in a $190T+ cross-border market, with next steps likely including API expansions, more fiat on-ramps, and partnerships in high-volume regions like Asia/Europe.[1][3] Trends like tokenized assets, CBDCs, and AI-driven compliance will amplify its edge, potentially evolving it into a full payments orchestrator akin to early Wise or Ripple. As a 2025 entrant with battle-tested founders, expect scaled funding rounds and market share grabs, reinforcing its launch as a timely disruptor in fragmented B2B flows.[2][5]
Damisa has raised $3.0M in total across 1 funding round.
Damisa's investors include Dig Ventures, Double Prime LLP, Fuel Ventures, KHOCEL INVEST.
Damisa has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in April 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2025 | $3.0M Seed | Dig Ventures, Double Prime LLP, Fuel Ventures, KHOCEL INVEST |
