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Evening Standard

Business

Oscar Williams-Grut

Crypto billionaire Sam Bankman-Fried backs London spreadsheet start-up Causal in $20 million investment round

London Microsoft Sam Bankman-Fried FTX Oxford

Causal founders: Taimur Abdaal, left, and Lukas Köbis
(Picture: Causal)

The richest man in cryptocurrency has backed a London start-up aiming to dethrone Microsoft Excel as the go-to programme for finance departments and quant traders around the world.

Sam Bankman-Fried, the American-born billionaire founder of cryptocurrency exchange FTX, has taken part in a $20 million funding round for Causal, a startup with offices by St Pauls.

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