Next Generation, a Paris, France-based fintech providing a payment ecosystem, raised $5M in Seed funding.
Backers were undisclosed. A written note just specify there were two Cyprus-based firms, an Austrian enterprise, and a prominent European entrepreneur.
The company intends to use the funds to accelerate the launch of its B2B payment solution, further enhance its technical development, and expand its partnerships.
Led by President Suren Hayriyan, Next Generation is a fintech company bridging traditional and digital finance through its proprietary payment ecosystem, anchored by a euro-pegged stablecoin. One of the products features direct integration between IBAN accounts and crypto wallets. Anchoring the ecosystem is Next Generation’s proprietary stablecoin, pegged 1:1 to the Euro and poised for launch on major crypto exchanges following regulatory approval as an Electronic Money Institution (EMI). Pre-launch commitments already exceed $10 million in Total Value Locked (TVL) from global financial institutions.
FinSMEs
28/04/2025