Hong Kong-Based Fintech Xanpool Raises $27M For Its Decentralized Payment Network
10/22/21, 4:00 AM
Money raised
$27 million
XanPool, a payment infrastructure provider that facilitates faster crypto and fiat settlements, announced today it has raised a $27 million Series A led by Valar Ventures. The round included participation from CMT Digital, Wise founder and chairman Taavet Hinrikus and existing investors Gumi Gryptos and Antler.
Company Info
Additional Info
XanPool says its C2C network now has over $200 million of liquidity. Crypto’s coming of age momentLiu added that the peer-to-peer architecture reduces counterparty risks because its C2C transactions don’t involve an intermediary and transactions are completed without credit or late settlements.Based in Hong Kong , XanPool has more than 400 business partners.