Peter Tilya Foundation headed the Vauld fund for $ 25 million
The Vauld cryptocurrency startup in India attracted $ 25 million as part of the MasterCard will round of financing of series A. It was headed by the Valar Ventures Foundation, belonging to the co -founder of PayPal Peter Til.
We’re Excited to announce $ 25m Series a Funding Round with An Incredible Team of Investors.🚀 https: // t.Co/RFJ4WYQZKP
– Vauld (@vauld_) July 29, 2021
Pantera Capital, Coinbase Ventures, CMT Digital, Gumi Cryptos, founder of Compound Robert Leshner and Cadenza Capital joined the round.
VAULD plans to send funds to scaling the team, obtaining licenses in various countries, as well as expanding services. According to the startup, over the past year, the user base has grown more than 200 times.
The company plans to create an over -and -off platform for fiat and cryptocurrency operations, as well as release debit and credit cards in several countries. The mission declared by the project is to transfer all banking operations to blockchain.
Vauld previously attracted $ 2 million to expand the functionality of the platform and expansion to Europe and the USA markets from Pantera Capital, Coinbase Ventures, Lunex Ventures and Private.
Recall that in March 2021, Peter Tilya Foundation headed the round of the cryptocurrency brokerage Bitpanda Bitpanda for $ 170 million.
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