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Day: June 27, 2022

Sparrow Receives Digital Payment Token Services License in Singapore along with Crypto.com and Genesis

 C3 VC Fund portfolio company, Sparrow Tech Private Limited, has received in-principle approval from the Monetary Authority of Singapore (“MAS”) on its application for a major payment institution (“MPI”) licence to provide Digital Payment Token (DPT) services under the Payment Services Act 2019 in Singapore. Sparrow, which specializes in digital asset products and solutions, is currently working to obtain the formal MPI licence.

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  about us

C3 Venture Capital is an early-stage venture capital fund headquartered in Frankfurt, Germany, investing in exceptional technology companies worldwide.

Our focus is on identifying and supporting founders who are developing groundbreaking technology solutions with the potential to fundamentally transform their industries. Beyond providing capital, C3 actively accompanies companies on their growth journey, offering hands-on support at every stage. Our mission is to identify truly exceptional technology companies at an early stage and help them unlock their full potential.

The fund is managed by C3 Management GmbH and operates with a global network of experts, mentors, and industry partners to provide portfolio companies with the best possible support. C3 Venture Capital firmly believes that the right early-stage investments not only create entrepreneurial success, but also make a meaningful contribution to technological progress.