By harnessing distributed ledger and blockchain technologies, the fintech startup has developed Regtech and CBDC stack solutions
Fintech startup EMTECH Solutions Inc., in a funding round, has secured $4 million from Matrix Partners India, along with global investors like BTN, VestedWorld, Equity Alliance, and Lofty Inc.
To connect central banks and fintech companies, the startup, backed by Noemis Ventures, Octerra Capital, and 500 Global, among others, provides modern infrastructure tools. Currently, it has six central banks on board.
By harnessing distributed ledger and blockchain technologies, the fintech startup has developed Regtech and CBDC stack solutions. To advance the development of these solutions, the funds will be utilised by the startup. EMTECH, additionally, will prioritise developing a broader range of innovative financial services products.
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