With Cycles Prime, Cycles presents the first clearing application of a data protection-friendly clearing protocol and at the same time secures a pre-seed financing round.

With Cycles Prime, Cycles presents the first clearing application of a data protection-friendly clearing protocol and at the same time secures a pre-seed financing round.

cycles Prime: Innovative clearing protocol with a focus on data protection

The innovation landscape in the field of financial technology receives new impulses through the announcement of cycles Prime. The newly developed clearing protocol cycles has now presented its first clearing application to bear the name Cycles Prime. This application promises to significantly optimize the clearing process while ensuring a high degree of data protection.

A central feature of cycles is the data protection -friendly architecture that aims to protect the security and confidentiality of the user data during clearing. At a time when data protection plays an increasingly important role in the financial sector, cycles sets new standards with its solution.

In addition to the presentation of cycles Prime, the company has also announced a pre-seed financing round, which is intended to help advance the development and implementation of the application. At this early stage of the financing, it is expected that both strategic investors and technology affine supporters will be addressed in order to further realize the vision of cycles.

Overall, Cycles Prime not only represents a technical innovation, but also helps to strengthen trust in digital financial transactions. With the combination of innovative technology and a clear focus on data protection, Cycles Prime positions itself as an attractive offer in the rapidly growing market of financial technologies.