Weld Money is a fintech company in the middle between Neo Banking and Web3, providing convenient services for blockchains, Metaverses, users
Weld Money is the first non-custodial Decentralised Visa and MC payment card connected to CEXes, DEXes, Metaverses and P2E that allows people to use different crypto assets to pay everywhere for online/offline purchases The unique legal and IT structure of the project allows it to launch crypto payments even in emerging markets with a poorly developed banking system or no legal status for cryptocurrenciesThe first resounding victory of the company was the launch of the first and only weld crypto card in the Ukrainian market, where the crypto is still not recognized as a means of payment, which is why not a single major player can enter the marketThe team recently announced a new round of investments and entry into new markets
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Aug 1, 2021 | Seed | $3.60M | 6 | Magnus Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Magnus Capital | Yes | Seed |
7 O’Clock Capital | — | Seed |
AU21 Capital | — | Seed |
Avalon Wealth Club | — | Seed |
Concorde Capital | — | Seed |
Evan Luthra | — | Seed |