Written by Christina Levada
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.
Solving Global Payment Complexity
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.
Strategic Investor Backing
Fuel Ventures, known for its investments in transformative fintech companies, spearheaded the round. Mark Pearson, Managing Partner at Fuel Ventures, commented:
“Damisa is uniquely positioned to fundamentally transform international payments. We’ve invested in Jordan before through our investment into Volt ($350m+ valuation) and are delighted to be working with him again. The team has the experience, regulatory foundation, and industry understanding to make a significant global impact. We’re excited to lead their first round and support their ambitious growth trajectory.”
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.
Rapid Growth, Ambitious Launch Timeline
The £2.25 million raised will enable Damisa to accelerate its go-to-market strategy, scaling its operational infrastructure, obtaining the necessary licenses, 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.
Jordan Lawrence, CEO of Damisa, said:
“This funding reflects confidence in our vision to fundamentally improve global payment processes for sectors burdened by outdated, expensive solutions. By implementing our smart wallets and orchestrating leading stablecoins for speed and security, Damisa will dramatically simplify escrow services and cross-border payments, delivering greater transparency to businesses operating internationally, especially in complex, emerging markets. We look forward to providing immediate, tangible benefits to customers across logistics, real estate, travel, and education sectors.”
If you are an entrepreneur looking for investment, please apply here
And to keep updated on all things Fuel please follow:
TOP