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Defi's access layer
Building non custodial access points to onboard mainstream users to the open economy.
Non custodial wallets will turn into the major access points to the open economy within this decade. They will empower billions of users to store, manage and interact with various sorts of data and financial assets like cryptocurrencies, digital collectibles, financial instruments but also passwords or verifiable identity credentials amongst others. Interactions with such assets or peers will be conducted globally, without intermediaries, at near zero cost and 24/7.
For almost a decade we witnessed countless approaches to build non custodial access points to the open economy spanning hardware-, software- and smart contract based wallets. Thus far non of them managed to cross the chasm between technically literate early adopters and less sophisticated mainstream audiences. The reasons were many fold: overwhelming complexities around key management and interface design, astronomically high costs to interact with peers and data assets, compounding technological risks through third party integrations, a lack of security audits, insurance coverage and regulatory clarity amongst others.
Enter Unstoppable Finance.
With a non technical audience in mind Unstoppable Finance is overcoming one challenge at a time: Intuitive back up services for key recovery and 2FA will reduce friction while increasing security. A minimalist and simple interface that won’t be inferior to any mass scale consumer fintech app will feel familiar and intuitive. Layer 2 scalability and early cross chain integrations combined with native activity dashboards will reduce costs and increase transparency. Curated Defi integrations will optimize for security, insurance coverage and yield - leaving users with a choice, full transparency and control.
Unstoppable Finance is being designed as an open platform allowing for modular expansions and integrations across financial services and beyond.
We believe that the team of serial entrepreneurs and the innovators behind Solaris Bank, Soundcloud, Trade Republic, Uptick and Deutsche Börse Stuttgart is uniquely positioned to capture the opportunity set given their combined experiences in building mass scale fintech companies as well as crypto infrastructure. Hence, we decided to co-lead the company’s EUR 4.5M Seed Round with Inflection - you can find the press release here and the team‘s announcement here.
Please reach out if you’re innovating in related categories and spotted synergies.