According to Fortune, payment infrastructure startup Fun has completed a $72 million Series A round led by Multicoin Capital and SignalFire, with participation from Infinity Ventures, Pharsalus Capital, and Tinder co-founder Justin Mateen. Fun provides cryptocurrency and fiat deposit and withdrawal infrastructure for platforms such as Polymarket, Lighter, and Aave, processing $18 billion in payments annually. The company plans to use the new funding to expand its team by approximately 30 people.
Fun Completes $72M Series A Funding to Expand Team
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Summary
Fun has closed a $72 million Series A funding round, marking a major milestone in project funding. Multicoin Capital and SignalFire led the round, with support from Infinity Ventures, Pharsalus Capital, and Tinder co-founder Justin Mateen. The payment infrastructure startup processes $18 billion in annual payments for platforms such as Polymarket, Lighter, and Aave. With the new funds, Fun plans to expand its team of approximately 30 employees. The company also confirmed plans to support new token listings on its platform in the coming months.
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