A leader in contemporary central banking infrastructure, EMTECH Solutions Inc., raised $4 million from a group of international investors, including BTN, Vested World, Equity Alliance, and Lofty Inc., with the help of Matrix Partners India. The money will be used to support the infrastructure technologies that it is currently developing for the central banks and financial technology companies.
The Company will use the money to further the creation of EMTECH’s Regtech and CBDC stack. The organisation will also give top priority to creating a wider range of cutting-edge financial services solutions, as reported by Bwdisrupt.com
On the fundraise, Carmelle Cadet, Founder & CEO of EMTECH shared, “EMTECH’s adoption ofblockchain technology enables the democratization of finance, bringing financial freedom and inclusivity to individuals and businesses of all sizes. With the support of our investors, we are well positioned to expedite our growth, diversify our product offerings and continue to drive transformative change across the financial services landscape.”
Aakash Kumar, Principal at Matrix Partners India, said, “Digital assets and programmable currency in the form of regulated CBDCs can turbocharge financial inclusion. Emtech’s vision of shaping blockchain powered fintech infra for CBDCs and solutions for fintech regulation is compelling and we are excited to partner with them on their journey.”
About Emtech Solutions
Carmelle Cadet started Emtech Solutions in 2019. It created the contemporary central banking architecture that supports stable and open financial markets. They were dispersed all over the world in nations in the Americas, the Caribbean, Europe, Asia, and Africa. Emtech is committed to revolutionizing financial ecosystems in order to enable financial inclusion.