Damisa, the next-generation payments platform co-founded by fintech entrepreneur Jordan Lawrence, today announces the successful close of its £2.25 million pre-seed funding round, led by Fuel Ventures. The oversubscribed round also saw participation from investors including EWOR, Greyhound Capital, prominent investor Mark Ransford, and strategic backing from Damisa's first customer, a leading foundational company using Damisa's secure wallets to replace their existing Escrow services.
Damisa is poised to modernise cross-border money movements and transactions across key global sectors, focusing initially on logistics, real estate, travel, and education. The platform is set to facilitate its first transactions this month, with a broader market launch scheduled for July this year.
International transactions remain notoriously complex and costly for businesses, often plagued by inefficiencies, high fees, and slow settlement times. Damisa directly addresses these pain points through its cutting-edge payment solution, designed specifically to simplify escrow services & cross-border money movement whilst eliminating friction across the global economy.
With industry veterans at its helm, including CEO Jordan Lawrence, co-founder of Volt, Maximilian Marenbach, former Head of APAC Expansion at Kraken, and Panos Dandolas, former Head of Fintech Innovation at Agoda, Damisa’s leadership team brings unmatched fintech experience to its ambitious mission.
Fuel Ventures, known for its investments in transformative fintech companies, spearheaded the round.
Additional backing from EWOR, Greyhound Capital, and Mark Ransford, combined with strategic investment from Damisa’s first customer, provides Damisa with valuable industry connections and operational validation.
The £2.25 million raised will enable Damisa to accelerate its go-to-market strategy, scaling its operational infrastructure, obtaining the necessary licences, and advancing technological capabilities ahead of its public launch. The initial transactions set to go live in April will mark a critical milestone, demonstrating immediate customer value and efficiency improvements. Damisa currently holds a VASP in Poland and will have an AFSL in Australia by the end of Q2 2025.
