IN1, a financial management app for fiat and cryptocurrency, has successfully secured $6 million in seed funding.
The app enables users to manage all their cards and accounts from a single mobile interface. It provides fiat accounts in various currencies, a cryptocurrency wallet, and a comprehensive card that supports both fiat and crypto payments.
In addition to catering to consumers, IN1 is also targeting fintech companies and banks with its platform.
Based in Poland, the startup holds a Virtual Asset Service Provider (VASP) license for crypto asset trading and custody. It has established partnerships with financial services firms for card issuance, acquiring, IBAN management, and traditional money transfer services.
The newly acquired funds will be used to complete the final stages of product development, which is currently in beta testing, and to support the upcoming European launch. Following this initiative, IN1 aims to expand its reach into the MENA region and Asia.
“We are committed to leading the digital finance revolution by creating a universally accessible, secure, and user-friendly mobile app that bridges the gap between traditional and digital currencies,” stated Svitlana Monastyrska, CEO of IN1.