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New Deal


Announced

Completed

Cathay Innovation led a $50m Series B in Flowdesk.

Financials

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Transaction Value£39m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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FinTech

fintech

France

Minority

Private Equity

Venture Capital

Completed

Friendly

Single Bidder

Acquisition

Cross Border

Private

Synopsis

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Cathay Innovation, a multi-stage venture capital firm, led a $50m Series B in Flowdesk, a full-service digital asset trading technology firm, with participation from Eurazeo, ISAI, Speedinvest, BPI and Ripple. “This raise highlights the significance of Flowdesk as the emerging industry standard for market-making and over-the-counter services, offering sustainable and compliant liquidity solutions for token issuers and institutions. In a landscape marked by regulatory uncertainties, volatility, and multiple industry-wide setbacks, liquidity has remained scarce. Flowdesk’s full suite of services aims to revolutionize this landscape, offering scalable, risk-adjusted, and capital-efficient solutions,” Guilhem Chaumont, Flowdesk CEO and Co-Founder.

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