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Weld Money
About
Weld Money is a fintech company in the middle between Neo Banking and Web3, providing convenient services for blockchains, Metaverses, users
- Kyiv,Kyyiv,Ukraine
- 11 - 50
- https://weld.money
Details
- Last Funding Type
- Seed
- Last Funding Money Raised
- $3.60M
- Industries
- Banking,Blockchain,Cryptocurrency,Financial Services,FinTech,Payments
- Founded date
- Jan 1, 2019
- Number Of Employee
- 11 - 50
- Operating Status
- Active
- Legal Name
- Weld Money
- Also Known As
- WELD
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 cryptocurrencies
The 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 market
The team recently announced a new round of investments and entry into new markets
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Aug 1, 2021 | Seed | $3.60M | 6 |
|
— | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
|
Yes | Seed |
7 O’Clock Capital
|
— | Seed |
AU21 Capital
|
— | Seed |
Avalon Wealth Club
|
— | Seed |
|
|
— | Seed |
Evan Luthra
|
— | Seed |
