Notabene Raises $14.5M Series B

Notabene, a NYC-based provider of cryptocurrency compliance solutions, raised $14.5m in Series B funding round.

The round was led by DRW VC, with participation from funds managed by Apollo, NextBlock, ParaFi Capital, and Wintermute, along with existing investors CMT Digital, F-Prime, Green Visor Capital, Illuminate Financial, Jump Capital, Signature Ventures, and Y Combinator.

The company intends to use the funds to expand operations and its development efforts.

Led by Pelle Brændgaard, Notabene is a crypto payment authorization network, enabling secure, transparent, and compliant transactions for financial institutions around the world. The solution facilitates transactions in over 80 jurisdictions, supports over 165 companies, and has processed half a trillion dollars in transaction volume.