Stanhope Financial Group, a Dublin, Ireland-based global fintech company that provides businesses with a full suite of banking services, raised over USD 10m in Series A funding round.
The round was led by Gate Ventures.
The company intends to use the funds to develop its product offerings, strengthen the management team, increase its market share, and prepare for the launch of its upcoming affiliate digital assets division, SH Digital.
Led by Kevin von Neuschatz, Group CEO, and Mohit Davar, Executive Chairman, Stanhope Financial Group operates:
- SH Payments, licensed as an Electronic Money Institution, which offers businesses banking services to send and receive money globally, including FX, multi-currency accounts, and innovative payments solutions
- SH Capital, licensed in the DIFC, Dubai, which allows institutions and family offices to gain access to premium global investment products across all capital markets
- SH Digital, which offers cryptocurrency liquidity and trading services.
Stanhope Financial Group has also been granted financial services licences by both the Bank of Lithuania and (IPA) by Dubai Financial Services Authority (DFSA).
FinSMEs
10/05/2022