Tagus Capital invests in payment platform Wert

Ellex in Estonia advised Tagus Capital and angel investors in venture capital investment into Wert, a platform that offers a built-in module that allows fiat-to-crypto conversion.

Tallinn-based payment platform Wert raised 5 million dollars in seed funding led by Londoner Tagus Capital with the participation of Tezos Foundation, VR Ventures, Element Ventures, Digital Horizon, and JDAC.

Estonian fintech company’s platform enables users to purchase crypto with the help of its top-up module that can be easily integrated to any mobile application or website. The funding will help the company explore new lands and come up with new financial infrastructure solutions for Web3 startup.

Tagus Capital is a Multi-strategy hedge fund combining venture capital investments with yield-generating strategies. Tagus Capital supports promising businesses building the infrastructure of the new multi-trillion-dollar blockchain-based industries. It combines comprehensive fundamental analysis of blockchain protocols and a robust risk management framework to deliver superior risk-adjusted returns for investors. It enables talented people to build innovative business based on blockchain technology that will disrupt inefficient and inequitable industries, such as financial services.

Tagus Capital was advised by Partner Antti Perli and Counsel Rudy Rimal.