MoneyHash, a fintech startup that specializes in blockchain technology, has raised USD 4.5 million in a seed funding round. The funding round was led by venture capital firm TechVentures and included participation from several other prominent investors in the fintech industry.
MoneyHash plans to use the funding to expand its team, develop new products, and further improve its blockchain technology platform. The company has already made significant strides in the fintech space, with its innovative solutions gaining traction among both consumers and businesses alike.
Key highlights of the funding round:
- Amount raised: USD 4.5 million
- Lead investor: TechVentures
- Other investors: TBA
Quotes from key stakeholders:
“We are thrilled to have closed this seed funding round and are excited about the opportunities it will bring for MoneyHash. Our team is dedicated to pushing the boundaries of blockchain technology and providing cutting-edge solutions for our customers.”
Overall, the successful completion of this seed funding round is a testament to the growing interest in blockchain technology and the potential for innovative fintech startups like MoneyHash to disrupt traditional financial systems. With the support of its investors, MoneyHash is well-positioned to continue its growth and development in the fintech space.