Odaily Planet Daily reports that Walapay has announced the completion of a $4.6 million seed round led by Gen Venture Capital, with participation from Commerce Ventures, Polygon, AAF Management, Verda Ventures, NGC Ventures, FGV Capital, JSquare, Reflexive, Big Brain VC, and others. The project primarily provides payment infrastructure. Walapay stated that the funds will be used to obtain additional licenses, expand banking partnerships, and grow the team.
Walapay Completes $4.6M Seed Round Led by Gen Venture Capital
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Summary
Walapay announced $4.6 million in seed funding led by Gen Venture Capital, with investors including Commerce Ventures, Polygon, AAF Management, and others. The announcement outlines plans to expand banking partnerships, obtain necessary licenses, and grow the team. The funding will support Walapay’s mission to build payment infrastructure for global users.
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