Vircon Legal advised Remedi Finance on its pre-seed round backed by a syndicate of angel investors from Turkey and the United Kingdom.
Remedi Finance is a financial-services and DeFi-adjacent platform building consumer-facing products at the intersection of traditional finance and crypto-native infrastructure; the team focuses on bridging product simplicity with regulatory-aware design. The proposition targets users who want exposure to digital-asset rails without giving up the usability, custody assurance and fiat on/off-ramp experience associated with regulated financial products.
The crypto-meets-traditional-finance segment has become one of the more strategically interesting areas of fintech as regulatory frameworks across the U.K., EU and Türkiye continue to mature. Türkiye in particular sits among the highest crypto-asset penetration markets globally, but consumer demand has historically run ahead of regulated product supply — creating space for builders who design with compliance as a primary surface rather than a retrofit. The pre-seed stage is the right point to make those architectural choices, because they shape licensing pathways and partner-bank relationships years before they need to be activated.
The cross-border angel syndicate combined Turkish operator-angels with senior U.K.-based finance and fintech operators — bringing both local distribution and London-market financial-services expertise to the cap table. For a regulated-finance builder, having angels who have personally navigated FCA-style regimes and Turkish licensing in parallel is materially more valuable than capital alone, and seeds the company with the credibility network needed for institutional follow-on rounds. The pre-seed round positions Remedi Finance to make the architectural and licensing decisions early, with a cap table whose composition supports both Türkiye-side product validation and U.K.-side regulatory pathway development.
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May 15, 2022Related Practice Areas
Startup Law
Incorporation, founder agreements, ESOP, term sheets, regulatory matters.
View service →ICOs, Crypto & Blockchain
Crypto-asset regulation, token offerings, exchange and custody licensing.
View service →Mergers & Acquisitions
End-to-end M&A: due diligence, structuring, documentation, negotiation.
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