Osborne Clarke has successfully advised the Munich-based crypto-FinTech fija on its financing round of EUR 1.2 million.

Fija is a FinTech based in Munich. It offers companies Software-as-a-Service services. The services involve the development of crypto investment strategies in the Decentralized Finance (DeFi) sector. The company implements the strategies technically using smart contracts and provides its clients with API interfaces for integration into their own platforms. This enables third parties to invest their own crypto assets in so-called DeFi protocols and generate returns.

In addition, the company issues so-called security tokens through subsidiaries, which enable direct investment in the investment strategies. Its clients include crypto funds, exchanges, investment brokers, crypto custodians, and professional investors. Fija was founded two years ago by Christoph Scholze and Lieven Hauspie; both have extensive FinTech experience. Scholze worked for many years in product management at Check24, while Hauspie led the technical development at the crypto custodian Finoa. Tim Federspiel, a former management consultant at KPMG, joined as the third co-founder in 2023.

The FinTech has now completed its first financing round, raising EUR 1.2 million from investors. The funds come from the Swiss funds CVVC and Tenity, as well as Heliad from Frankfurt. The latter is also involved in the billion-dollar FinTechs Raisin and Clark.

The Osborne Clarke team that advised fija on this deal consisted of Maximilian Vocke, Giovanni Alexandrov (both Corporate / VC) and Eric Romba (FinTech / Regulatory). The advice provided covered the financing round as well as regulations on token warrants. The advice was provided through Osborne Clarke's previous regulatory advice to fija.

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