Schuman Financial

Schuman Financial is a fintech company that builds essential infrastructure for on-chain finance, focusing on the EURØP stablecoin, a MiCA-compliant euro stablecoin. The company provides a regulated euro stablecoin designed for global users to transact on-chain using euros, offering an alternative to USD-dominated stablecoin markets. EURØP is 100% backed by euro reserves held at leading European financial institutions including Societe Generale, audited quarterly by KPMG, and operates under a French EMT license fully compliant with Markets in Crypto-Assets (MiCA) regulations. Schuman Financial enables qualified business clients to mint and redeem EURØP through its platform, facilitating near-instant and cost-efficient transfers. The company mission is to lead the decentralization of European finance by building a euro-denominated Web3 ecosystem that brings traditional financial services on-chain. Founded in 2024 and headquartered in Paris, France, Schuman Financial has raised $7.36 million in seed funding from investors including RockawayX, Faction VC, Nexo, Gnosis, and Bankless Ventures.