OpenTrade has secured $7 million in a strategic funding round led by Notion Capital and Mercury Fund, with additional support from a16z crypto, AlbionVC, and CMCC Global. This latest raise brings the London-based fintech’s total funding to $11 million in just six months, underscoring strong investor confidence in its mission to deliver yield-bearing stablecoins to users in inflation-prone markets.
The company offers a “yield-as-a-service” platform tailored for fintech apps, exchanges, and neobanks. Clients such as Criptan in Spain and Littio in Colombia leverage OpenTrade’s infrastructure to enable users to earn interest — up to 9% — on their USD and EUR balances.
In countries like Argentina and Colombia, where dollar-denominated bank accounts are uncommon and yield little to no interest, apps integrated with OpenTrade are changing the landscape by offering users meaningful returns directly through their phones. For example, while Colombian banks offer less than 0.4% APR on dollar deposits, Littio users can earn up to 6%.
OpenTrade currently manages $47 million in assets and has processed nearly $200 million in transaction volume, with monthly growth averaging 20%. The fresh capital will support the company’s efforts to scale its operations and enhance its technology stack.
“OpenTrade is building core financial infrastructure for the next generation of fintech,” said Samantha Lewis of Mercury Fund. Notion Capital’s Itxaso del Palacio noted that with stablecoins now representing a $240 billion market, OpenTrade’s platform is becoming an essential foundation for the sector.
