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Blockchain startup Conio has raised $3 million in series A2 round, bringing its total valuation to over $40 million.
40.000.000 thanks ????????
— Conio (@conio) June 21, 2018
New funding: Conio is worth over $ 40.000.000 !
Thanks to all the people who believe in Conio and who helped us to create this #app: https://t.co/CHUSdq7IZa
Here the #Blog: https://t.co/u4QMawyy0V #Bitcoin #Startup #fintech #Blockchain
“The funds raised by Conio will enable further development of our service offer to support our retail and corporate clients in the use of blockchain protocols and banking e-wallets for digital asset management,” Christian Miccoli, Conio’s co-founder, business development director, said (as quoted by Banking Tech).
Founded in 2015, Conio offers blockchain-based integrated solutions to financial institutions, banks, and insurance companies for digital asset management. Its shareholders include Poste Italiane, Banca Finanziaria Internazionale, Fabrick, Boost Heroes, the Italian Angels for Growth network, David Capital and a wide group of professional investors.
“The new funds raised by Conio allow us to ramp up our research and development activities in key industries and in others that will soon make use of digital currencies: from e-commerce to telecom, from financially smart cars to smart insurance contracts,” Vincenzo Di Nicola, Conio’s co-founder, technology director, added.
