Crypto Enterprise Bank Platform Limited Completes $18.5M Seed Round

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Crypto Enterprise Banking Platform Limited has completed an $18.5 million seed round led by Third Prime, North Island Ventures, The House Fund, and Collab+Currency, with support from ParaFi Capital, Pharsalus Capital, Digital Currency Group (DCG), 1982 Ventures, and Onigiri Capital. The platform provides local business accounts, Visa cards, payments, treasury and expense management, and crypto infrastructure. Enterprises can send and receive funds via ACH, SEPA, Pix, SWIFT, and crypto including BTC, ETH, and USDC. The funding boost may enhance liquidity and access to crypto markets for businesses. Limited also aims to help companies navigate capital gains tax implications in cross-border transactions.

ChainCatcher report: According to official announcements, the crypto enterprise banking platform Limited has completed a $18.5 million seed round led by Third Prime, North Island Ventures (NIV), The House Fund, and Collab+Currency, with participation from ParaFi Capital, Pharsalus Capital, Digital Currency Group (DCG), 1982 Ventures, Onigiri Capital, and others. Limited is a global financial platform designed for multinational enterprises, integrating local business accounts, Visa cards, payments, treasury and expense management, and crypto infrastructure. Businesses can receive and send funds via local payment channels such as ACH, SEPA, Pix, and SWIFT, and also support the receipt and transfer of crypto assets including BTC, ETH, and USDC.

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