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Crypto Payments Platform Triple-A Announces $10 Million In Funding

Published 10/25/2023, 11:18 PM
Updated 10/25/2023, 11:45 PM
Crypto Payments Platform Triple-A Announces $10 Million In Funding

  • Crypto payments company Triple-A announced a $10 million Series A funding round.

  • The funding round was led by Peak XV and Shorooq Partner, as noted by TechCrunch.

  • The amount will go towards the company’s expansion into the Middle East, North America, and South America.

According to a recent article by TechCrunch published on October 25, global digital currency payments institution Triple-A has announced that it has secured a Series A funding round of $10 million. The investment was led by previous investors Peak XV (formerly known as Sequoia India and Southeast Asia) and was supported by Shorooq Partners, a venture firm with a focus on the MENA region.

This development follows Triple-A’s previous $4 million funding in June 2022. The round was led by zVentures, the corporate ventures arm of Razer, a renowned global lifestyle brand catering to gamers. Around the same time, Triple-A disclosed it was the first Crypto Payments Company to obtain a Digital Payment Token license from the Monetary Authority of…

The post Crypto Payments Platform Triple-A Announces $10 Million In Funding appeared first on Coin Edition.

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