Finova Financial, a West Palm Beach, FL-based digital financial services provider focused on the future of global financial services, received a strategic investment of undisclosed amount from Polymath.
Polymath, a blockchain protocol that makes it easy to create security tokens, joined Jeremy Gardner from Ausum Ventures and other blockchain/crypto pioneers as investors in the Finova Financial private sale.
Under the partnership, Finova will be using the Polymath platform and ST-20 standard for their planned security token offering.
Founded in 2015 and led by CEO Gregory Keough, Finova develops financial technologies to create a more inclusive financial system and provide a path to financial health for the 2 billion people outside of the traditional financial system. Its financial products are built and deployed straight to consumers.
To date, the company has raised over $100M in venture capital and private equity.