Trending...
- Spokane City Council Members Introduce "Immigration Enforcement Free Zones"
- New Threat Management Workshop Brings Hands-On BTAM Training to Spokane Valley
- Welfare Check Leads To Domestic Violence Arrest; Guns and Drugs Recovered At North Spokane Apartment
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
- HBMHCW Expande Infraestructura de Cumplimiento para Argentina mientras América Latina Supera $1.5 Billones en Volumen Cripto
- Norisia Launches AI Formulated Luxury Multivitamin to Transform Daily Wellness in the UK
- City of Tacoma Invites Community Input on Proposals to Modernize Housing, Zoning, and Land Use Codes for 2026
- Tacoma: Mayor Anders Ibsen to Deliver First State of the City Address on March 4
- Jacob Emrani's Annual "Supper Bowl" Expected To Donate Thousands Of Meals
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
Filed Under: Financial
0 Comments
Latest on Washingtoner
- Stolen Hearts: Reclaiming Your Child From Parental Alienation (narcissistic abuse)
- Roshni Online Services Unveils Plans for Innovative Digital Consultation Platform
- City of Tacoma Offers In-Person Workshop for Local Businesses on the Revolving Loan Fund Process
- Wall Street Is Missing This One: Cycurion (NAS DAQ: CYCU) Gets $7 Price Target While Trading at a Steep Discount
- Aries Industries Streamlines Sewer Inspection Process With Introduction of the LETS Sidewinder
- Chronic Boss Awards Scholarships to Student Founders Living with Chronic Conditions
- Nest Finders Property Management Named #1 in Jacksonville and Ranked #99 Nationwide
- City Council Confirms Appointment of Patti Jackson as Tacoma's Police Chief
- Nashville International Chopin Piano Competition Launches First Amateur Edition
- Council Votes on Pathways to Eviction Prevention for Spokane
- Market Value Enhancement From 2 Important New US Patents Issued for Strengthening Hair Enzyme Booster Technology to Caring Brands (NAS DAQ: CABR)
- HELM Audio™ Partners with PQCrypto to Future-Proof Children's Hearing and Safety Data Using Post-Quantum Cryptography
- Wala Blegay to Announce Run for Congress in Maryland's 5th District on Feb. 4
- Luxury Lake-View Home Launches in Kissimmee's Bellalago community, Offering Privacy, Space, and Florida Resort-Style Living
- Sleep Basil Launches Revamped Diamond Mattress Collection Page, Highlighting Performance, Craftsmanship, and Personalized Comfort
- Sleep Basil Curates a Clearer Brooklyn Bedding Experience for Performance-Minded Denver Sleepers
- Spokane City Council Members Introduce "Immigration Enforcement Free Zones"
- Spokane: Mayor Brown Calls on Congress to Extend Temporary Protected Status for Haitian Community Members
- Nevada Man Launches Nationwide Animal Abuse Registry
- New Threat Management Workshop Brings Hands-On BTAM Training to Spokane Valley