Wind.app, a Singapore-based payments company, secured USD 3.8 million in a pre-seed funding round
The round was co-led by Global Founders Capital and Spartan Group, with significant contributions from Saison Capital, Alumni Ventures, and Tiny VC.
Operating in the FinTech sector, Wind.App specializes in streamlining cross-border payments. It sets itself apart as a self-custodial smart-contract wallet, which simplifies the complexities of Web3 into a user-friendly interface. This approach, combined with the power of blockchain technology, ensures instant settlement times, lower transaction fees, and offers users access to yields over 5%.
The funding will be instrumental in bolstering Wind.App’s unique value proposition. The company aims to utilize these funds to expand its global reach, focusing initially on strengthening the payment corridor between the United States and Southeast Asia. This investment enables Wind.App to continue its mission of simplifying cross-border payments, a crucial aspect of today’s increasingly globalized economy. - fintech.global