Fiat to Crypto Platform Ziglu Raises £5.25 Million Seed Round

London based Ziglu, has raised a significant £5.25 million in seed funding from unnamed investors, according to a company release.

Ziglu is a crypto to fiat exchange that claims to quickly and competitively exchange currency with cryptocurrency, currently including Bitcoin, Ether, Bitcoin Cash and Litecoin. Ziglu states that it operates a bank grade platform – build from scratch.

Ziglu was founded by CEO Mark Hipperson, co-founder and former CTO of top challenger bank – Starling Bank. 

Hipperson said as they gear up for their next stage of development, they are delighted to have oversold our seed funding and welcome our new investors.

“This significant cash injection allows us to deliver an exciting product with an innovation cycle, fast and responsive to customer needs.”

The investment raised in this seed funding round will be utilized for their product roadmap while building the Ziglu user community, and continuing to expand Ziglu’s in-house technology team and capabilities.

Ziglue is currently available on both the Apple App Store and the Google Play Store

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