blackfridge Secures Pre-A Funding
- blackfridge, a Douglas, Isle of Man-based fintech company, secured a pre-A round from FunFairVentures and Gate Ventures
- The amount of the deal was not disclosed
- The company intends to use the expand strategic operations and launch poundtoken, the first British-regulated stablecoinfully backed 1:1 by pound sterling (GBP)
- The – black fridge’sfirst with outside investors – raised a significant amount between the two new partners. A further round is planned for later this year
- The company is financially regulated and licensed by the Isle of Man Financial Services Authority