Trending...
- City of Spokane, Spokane Public Schools Partner to Expand Childcare Access
- Save 10 Percent Off Summer Stays at KeysCaribbean Resorts
- TURRENTINE: A Family Legacy United Through Music
TALLINN, Estonia - Washingtoner --
Weld Money, an Eastern European startup which allows users to use Weld card to pay for any purchases or services with cryptocurrency or other digital assets the same way as with a traditional bank card, has raised $3.6M in the latest funding round.
The round was made possible through the sale of WELD tokens and was backed by Magnus Capital, HSVC Capital, Concorde Capital and others. The public sale of WELD tokens will be available on September 22 on Uniswap and Pancakeswap
More on Washingtoner
The launch and vesting schedule of WELD tokens is secured via the Kaizen Finance platform. Investors are able to utilize their tokens within the Weld ecosystem and take advantage of investor benefits, such as staking.
The capital injection will help Weld Money to launch first cards in October 2021 in Ukraine, and by the end of the year in Europe and the CIS region, said Weld Money Co-Founder and CEO Alexey Bobok. Weld Money also plans to direct the capital towards research and development to grow its adoption. In addition, the startup is looking to expand the current team by hiring more staff.
More information about Weld
- Weld Money has raised $3.6M in the latest funding round.
- The startup plans to launch its digital assets Visa cards in Europe and the CIS region by the end of the year.
Weld Money, an Eastern European startup which allows users to use Weld card to pay for any purchases or services with cryptocurrency or other digital assets the same way as with a traditional bank card, has raised $3.6M in the latest funding round.
The round was made possible through the sale of WELD tokens and was backed by Magnus Capital, HSVC Capital, Concorde Capital and others. The public sale of WELD tokens will be available on September 22 on Uniswap and Pancakeswap
More on Washingtoner
- Sylvester Anthony III Introduces His Artist Journey with Debut Single "Cherish"
- Tacoma: Applicants Sought for the Human Services Commission
- Boston Industrial Solutions Introduces High-Performance Primer for Bonding Liquid Silicone to Epoxy
- Healthcare Leaders Publish New Integrated Behavioral Healthcare Guide, Led by Doctors of Behavioral Health
- Verbica Challenges Panetta to a Televised Debate on the Issues
The launch and vesting schedule of WELD tokens is secured via the Kaizen Finance platform. Investors are able to utilize their tokens within the Weld ecosystem and take advantage of investor benefits, such as staking.
The capital injection will help Weld Money to launch first cards in October 2021 in Ukraine, and by the end of the year in Europe and the CIS region, said Weld Money Co-Founder and CEO Alexey Bobok. Weld Money also plans to direct the capital towards research and development to grow its adoption. In addition, the startup is looking to expand the current team by hiring more staff.
More information about Weld
Source: Weld Europe OU
0 Comments
Latest on Washingtoner
- Rare 1933 Harold Weston painting will be auctioned to benefit the Keene Valley Library
- $20 Million Revenue Target, Accelerating Growth, 7% Of Outstanding Shares Retired, Clear Path Toward Profitability: VSee Health, Inc N A S D A Q: VSEE
- HomeCentris Home Health Achieves 5-Star CMS Rating
- Adsoptia Launches AI-Powered Optimization Platform for a New Era of Autonomous Marketing Decisions
- Longevity Leaders Project to Feature BrainBoosters Ted Teele & Carmen Benavide
- Spokane: 'Bike the Bridge' Ahead of Maple Street Reopening
- City of Tacoma Launching New Voluntary Demolition Salvage Program to Promote Resource Reuse and Streamline Permitting
- Spokane: Boiler Inspection Program Transitions to Washington Labor & Industries
- Heritage at Manalapan Announces New Incentive: Included Finished Basement on Select Homesites
- Leicester UK Manufacturer Tabletop Tyrant Secures Flawless 100% Customer Satisfaction Rating Across 5,800+ Orders
- Spokane: SPD Seeking Assistance in Locating Vehicle of Interest
- The Calida Group Announces Promotion of Joshua Nelson to President, Advancing Next Phase of National Growth
- Cango Mobility x Hikvision Announce Strategic Partnership
- City Council Authorizes $1.75 Million South Tacoma Tree Canopy Enhancement Partnership with Washington Department of Ecology
- Spokane: Save the Date - Memorial Sign Dedication
- Spokane: District 2 Council Members to Host Public Safety Town Hall
- Exterior Renovations LLC Highlights Professional Exterior Renovation Services Across Bellevue Area
- HomeCentris Healthcare Signs Definitive Agreement to Acquire S&K Holdings, Expanding Mid Atlantic Platform
- Nayarit Strengthens Its Position as a Global Surf Destination; Sayulita to Become Mexico's First Official Surf City
- Spokane: Vehicle vs Bicycle Collision Sends 7-Year-Old to Hospital