{"id":151,"date":"2022-03-01T10:06:43","date_gmt":"2022-03-01T15:06:43","guid":{"rendered":"https:\/\/fundscene.com\/us\/?p=151"},"modified":"2022-03-01T11:31:02","modified_gmt":"2022-03-01T16:31:02","slug":"meet-finoa-they-want-to-build-a-crypto-bank","status":"publish","type":"post","link":"https:\/\/fundscene.com\/us\/meet-finoa-they-want-to-build-a-crypto-bank\/","title":{"rendered":"Meet Finoa, They Want to Build a Crypto Bank"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">This is the first syndication of Startuprad.io content, together with <a href=\"https:\/\/fundscene.com\/us\/\" target=\"_blank\" rel=\"noreferrer noopener\">Fundscene<\/a>. Startuprad.io is a global Top 75 Science, Top 125 Technology and Top 400 Business Podcast. We just started a syndication agreement with them, and you will find more of their content here in the future. For additional articles visit their medium <a href=\"https:\/\/medium.com\/startuprad-io\" target=\"_blank\" rel=\"noreferrer noopener\">blog<\/a>  or subscribe to the content <a href=\"https:\/\/linktr.ee\/startupradio\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>When I started in crypto, I had to manage so many wallets and platforms, that I could not imagine how complicated it would be for an institutional investor. We started FINOA to help with that. Henrik Gebbing, Co-Founder and Co-CEO of FINOA<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>Tune in to the Internet Radio Station Startup.Radio here: <a href=\"http:\/\/www.startup.radio\" target=\"_blank\" rel=\"noreferrer noopener\">www.startup.radio<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>In 2019, when we started, we had a really hard time convincing investors to invest in a crypto startup. Henrik Gebbing, Co-Founder and Co-CEO of FINOA<\/em><\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The Founder<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In this interview we speak to <a href=\"https:\/\/www.linkedin.com\/in\/henrik-gebbing-finoa\/\" target=\"_blank\" rel=\"noreferrer noopener\">Henrik Gebbing<\/a>, the Co-CEO and Co-Founder of Finoa, a Berlin-based crypto fintech, which is already one of the hidden champions. They are a global top 5 crypto custodian for institutional investors. Henrik attended Golden Gate University in San Francisco as a Fulbright Scholar and got his MBA at IE Business School in Madrid. He later worked as a consultant with McKinsey, but after 4 years jumped ship to start Finoa. He developed the idea, that would later become Finoa with his roommate (and now co-founder) on the kitchen table in Madrid, while studying for his MBA.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>We want to be the No 1 crypto custodian for institutional investors in Europe. Henrik Gebbing, Co-Founder and Co-CEO of FINOA<\/em><\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The Startup<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The co-founders started <a href=\"https:\/\/www.finoa.io\/\" target=\"_blank\" rel=\"noreferrer noopener\">Finoa<\/a> in Berlin. Their driving idea was\u200a\u2014\u200aand still is\u200a\u2014\u200ato support institutional investors to go into crypto. They also support wealthy individuals, who hold substantial amounts of crypto assets of more than 100.000US$. Finoa is a custodian, meaning they keep\u200a\u2014\u200aon behalf of their clients\u200a\u2014\u200atheir crypto assets save. At the time of the interview, they have around 400 customers. Their clients include the crypto holdings of Rocket Internet, T-Systems, US-based VCs and hedge funds.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Globally we want to maintain one of the top 5 spots for crypto custody. Henrik Gebbing, Co-Founder and Co-CEO of FINOA<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>In April 2021 they announced a 22 mn US$ Series A funding, which is sizeable for Germany, as well as for crypto at the time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>We hold assets for entities in Asia and Silicon Valley, but our focus market is the European Union. Henrik Gebbing, Co-Founder and Co-CEO of FINOA<\/em><\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Venture Capital&nbsp;Funding<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">FINOA announced their Series A funding of 22 mn US$ in April 2021(<a href=\"https:\/\/consent.yahoo.com\/v2\/collectConsent?sessionId=3_cc-session_b53cd374-2930-4d02-964c-baf4b257057b\" target=\"_blank\" rel=\"noreferrer noopener\">LINK<\/a>). FINOA is open to discussions with investors, but they are not actively looking for new investors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Fintech is fast, but crypto is warp-speed.Henrik Gebbing, Co-Founder and Co-CEO of FINOA<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Video Interview: <a href=\"https:\/\/www.youtube.com\/watch?v=IMMsAZGpRCY\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.youtube.com\/watch?v=IMMsAZGpRCY<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>For our business, paranoia is a very nice concept. Henrik Gebbing, Co-Founder and Co-CEO of FINOA<\/em><\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Audio Podcast<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Via Spotify (with an account) <a href=\"https:\/\/open.spotify.com\/episode\/6E9YYm3O387xyz5THZAQeN?si=148a939fb5f8479a\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/open.spotify.com\/episode\/6E9YYm3O387xyz5THZAQeN?si=148a939fb5f8479a<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Or <a href=\"https:\/\/embed.sounder.fm\/play\/249049\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/embed.sounder.fm\/play\/249049\" rel=\"noreferrer noopener\">Sounder.fm Player <\/a>(without account) powered by <a href=\"https:\/\/sounder.fm?utm_campaign=saas&amp;utm_source=sounder.fm-Episode&amp;utm_medium=sounder&amp;utm_content=sounder-embedded-poweredbysounder&amp;utm_term=EN\" target=\"_blank\" rel=\"noreferrer noopener\">Sounder<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Guest Author: Henrik Gebbing<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Picture pixabay<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Statements of the author and the interviewee do not necessarily represent the editors and the publisher opinion again.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this interview we speak to Henrik Gebbing, the Co-CEO and Co-Founder of Finoa, a Berlin-based crypto fintech, which is already one of the hidden champions.<\/p>\n","protected":false},"author":19,"featured_media":153,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[50,49,48,51],"class_list":["post-151","post","type-post","status-publish","format-standard","has-post-thumbnail","category-allgemein","tag-crypto","tag-crypto-startup","tag-finoa","tag-startupradio"],"_links":{"self":[{"href":"https:\/\/fundscene.com\/us\/wp-json\/wp\/v2\/posts\/151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fundscene.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fundscene.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fundscene.com\/us\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/fundscene.com\/us\/wp-json\/wp\/v2\/comments?post=151"}],"version-history":[{"count":4,"href":"https:\/\/fundscene.com\/us\/wp-json\/wp\/v2\/posts\/151\/revisions"}],"predecessor-version":[{"id":158,"href":"https:\/\/fundscene.com\/us\/wp-json\/wp\/v2\/posts\/151\/revisions\/158"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fundscene.com\/us\/wp-json\/wp\/v2\/media\/153"}],"wp:attachment":[{"href":"https:\/\/fundscene.com\/us\/wp-json\/wp\/v2\/media?parent=151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fundscene.com\/us\/wp-json\/wp\/v2\/categories?post=151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fundscene.com\/us\/wp-json\/wp\/v2\/tags?post=151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}