Patrick Mollard, CEO & Co-Founder of Fipto: $16 Million Raised to Build the Future of Blockchain Payments
Fintech Builders · 2024-08-06 · 14 min
Episode notes
Welcome to another episode of Category Visionaries - the show that explores GTM stories from tech's most innovative B2B founders. In today's episode, we're speaking with Patrick Mollard , CEO & Co-Founder of Fipto , a blockchain payments platform that has raised $16 Million in funding. Here are the most interesting points from our conversation: Origins of Fipto : Patrick identified significant gaps in international payments during his previous fintech experience. This realization led to Fipto's founding in 2022, aiming to merge traditional payment best practices with blockchain technology. Building the Platform : Fipto's journey to its first paying customer involved significant investment in product and tech, including building a core banking system and obtaining necessary licenses in France and Luxembourg. API-First Approach : Fipto initially focused on API solutions but developed a platform to better sell and demonstrate these APIs. Their ultimate goal is to integrate with third-party systems like treasury management systems. Market Education and Adoption : Educating the market on blockchain's benefits, such as speed, transparency, and cost-efficiency, has been crucial.
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