Cfx Labs Closes $9.5 Million Seed Round To Continue The Rapid Transformation Of Global Payment Processing And Monetization
Cfx Labs Closes $9.5 Million Seed Round To Continue The Rapid Transformation Of Global Payment Processing And Monetization
11/15/23, 3:05 PM
Location
chicagoMoney raised
$9.5 million
Industry
cryptocurrency
blockchain
fintech
Round Type
seed
Investors
Metropolitan Capital Bank & Trust, New Form Capital, Kraken Ventures, Hard Yaka, Corazon Capital, Cmt Digital, Antalpha, Decasonic, Shima Capital
CFX Labs, a future leader in the monetization of rapid and secure international payments markets currently operating a nationwide payment network, announced it has raised $9.5 million in seed funding. CFX Labs raised funds from a diverse array of strategic partners including Shima Capital, Decasonic, Antalpha, CMT Digital, Corazon Capital, Hard Yaka, Kraken Ventures, New Form Capital, Metropolitan Capital Bank & Trust amongst others in an oversubscribed round.
Company Info
Location
chicago, illinois, united states
Additional Info
CFX is an early stage innovator in global money movement. The company enables individuals and businesses to move seamlessly between digital assets and local currency as part of its decentralized global payment gateway and network of payment networks. Its mission is to reward 5.3B world wide web users with digital coupons for online payments and digital remittance. CFX is a licensed, registered, and regulated issuer exporter of electronic P2P cash in partnership with its FDIC Member Bank investor serving as USD custodian.