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To deliver the infrastructure to enable real estate, collectables and infrastructure investments.
Cashlink was founded in 2016, originally as a PayPal-style Peer to Peer payment service, but about turned in 2018 to focus on building the legal and technical framework for client companies' shares through blockchain. The change in business model, though drastic, was part of a trend that saw many companies move away from building payment services in the late 2010s.
Cashlink has certainly benefitted from its refocus. In 2018 it received €1 million in early VC funding from Finlab and Carsten Maschmeyer, and further seed funding in 2021. In 2022, it was valued at between $4 and 7 million.
Mentioned in the Financial Times alongside respected German finance papers, Cashlink made a calculated gamble in its business shift. But with tokenisation becoming a key security and asset management tool for companies moving into blockchain tech, Cashlink will continue to be a major European player in the crypto field.
Kirsty
Company Specialist at Welcome to the Jungle
Nov 2018
$1.1m
EARLY VC
Michael Duttlinger
(CEO)Currently Member of Accelerator at Entrepreneurs' Organization, Co-Host at FinTechFFM. Previously Lecturer of Electrical Engineering at Karlsruher Institut für Technologie.
Lars Olsson
(CPO)Previously Master of Science, Industrial Engineering and Management at Karlsruhe Institute of Technology (KIT).