SettleMint, a Louvain, Belgium-based provider of Blockchain Platform as a service solutions, raised $16M in Series A funding.
The round was co-led by Molten Ventures, and OTB, with participation from Medici Ventures, Fujitsu Ventures, Allusion, and Bloccelerate.
The company intends to use the funds to continue to improve its platform to meet the requirements of its clients by strengthening further its low-code offering, solidify its position in Europe, MEA, India, and Singapore, and accelerate expansion into the Japanese market.
SettleMint is a low-code platform for blockchain application development that empowers engineering teams to build, integrate and launch applications on web3 infrastructure. The company offers a deployment environment, and development, middleware environment and an integration studio, all available over the internet. The low-code platform allows teams to deliver blockchain applications, taking a visual development approach to deploy nodes, create new or customize smart contract templates, integrate end user applications, and program complex and data integration flows with the 4000+ pre-built, fully configurable connectors. The platform includes a suite of tools, frameworks, templates, and APIs to speed up the development of any blockchain use case and give the user experience to developers.
FinSMEs
16/10/2022