Crypto payment solutions platform, Ramp recently secured $53 million in the Series A funding round to expand its product development. While the demand for crypto assets has increased during the last few months, payments companies have ramped up their efforts to introduce innovative solutions for a seamless crypto payment experience.
Ramp outlined the importance of regulation in the global financial sector. In addition to approval from the Financial Conduct Authority in the UK, Ramp received approval from the Financial Crimes Enforcement Network (FinCEN) in the United States.
According to the company, the latest financing will help the expansion of its presence. The Series A funding round was led by Balderton Capital along with participation from existing investors NFX, Galaxy Digital, Seedcamp, and Firstminute Capital. Moreover, angel investors Taavet Hinrikus (Wise) and Francesco Simonesci (TrueLayer) also joined the round.
“Just six months after closing our Seed round, we’re thrilled to announce we’ve raised a $52.7 million Series A round, led by Balderton Capital. Four years ago, we set out to build a payments infrastructure application to simplify the exchange of value on public blockchains. During that time, we’ve launched and expanded our on-ramping products and have built an incredible community of partners, investors, and customers,” Szymon Sypniewicz, CEO of Ramp Network, commented.
“Today, Ramp is a partner to more than 400 developers, including Mozilla, Browser, Dapper Labs (the company behind NBA Top Shot), and top crypto and Defi apps like Aave, Argent, Trust Wallet, and Zerion, as well as wildly popular games, Sorare and Axie Infinity,” Sypniewicz added.
Crypto Startups
Emerging crypto companies around the world have raised substantial funding in the recent quarter. Earlier this week, crypto firm Anchorage secured $350 million in funding at a valuation of $3 billion. Bitcoin company NYDIG topped the valuation of $7 billion recently after a raise of almost $1 billion.
Crypto payment solutions platform, Ramp recently secured $53 million in the Series A funding round to expand its product development. While the demand for crypto assets has increased during the last few months, payments companies have ramped up their efforts to introduce innovative solutions for a seamless crypto payment experience.
Ramp outlined the importance of regulation in the global financial sector. In addition to approval from the Financial Conduct Authority in the UK, Ramp received approval from the Financial Crimes Enforcement Network (FinCEN) in the United States.
According to the company, the latest financing will help the expansion of its presence. The Series A funding round was led by Balderton Capital along with participation from existing investors NFX, Galaxy Digital, Seedcamp, and Firstminute Capital. Moreover, angel investors Taavet Hinrikus (Wise) and Francesco Simonesci (TrueLayer) also joined the round.
“Just six months after closing our Seed round, we’re thrilled to announce we’ve raised a $52.7 million Series A round, led by Balderton Capital. Four years ago, we set out to build a payments infrastructure application to simplify the exchange of value on public blockchains. During that time, we’ve launched and expanded our on-ramping products and have built an incredible community of partners, investors, and customers,” Szymon Sypniewicz, CEO of Ramp Network, commented.
“Today, Ramp is a partner to more than 400 developers, including Mozilla, Browser, Dapper Labs (the company behind NBA Top Shot), and top crypto and Defi apps like Aave, Argent, Trust Wallet, and Zerion, as well as wildly popular games, Sorare and Axie Infinity,” Sypniewicz added.
Crypto Startups
Emerging crypto companies around the world have raised substantial funding in the recent quarter. Earlier this week, crypto firm Anchorage secured $350 million in funding at a valuation of $3 billion. Bitcoin company NYDIG topped the valuation of $7 billion recently after a raise of almost $1 billion.
Credit: Source link
Bitcoin 
Ethereum 
Tether 
Solana 
BNB 
XRP 
Dogecoin 
USDC 
Cardano 
Lido Staked Ether 
Avalanche 
TRON 
Stellar 
Toncoin 
Shiba Inu 
Wrapped stETH 
Wrapped Bitcoin 
Polkadot 
Chainlink 
Bitcoin Cash 
WETH 
Sui 
Pepe 
NEAR Protocol 
LEO Token 
Litecoin 
Uniswap 
Aptos 
Wrapped eETH 
Internet Computer 
Hedera 
USDS 
Cronos 
POL (ex-MATIC) 
Ethereum Classic 
Render 
Artificial Superintelligence Alliance 
Bittensor 
Kaspa 
Ethena USDe 
Arbitrum 
WhiteBIT Coin 
Bonk 
Dai 
VeChain 
Filecoin 
Cosmos Hub 
Celestia 
OKB 
Stacks 