Wednesday, April 24, 2024
HomeFunding Canada-based Code Secures $6.5Million in Seed Funding

[Funding alert] Canada-based Code Secures $6.5Million in Seed Funding

Canada-based Code secures $6.5million in seed funding. Along with Balaji Srinivasan, Roham Gharegozlou, Anatoly Yakovenko, Raj Gokal, Mert Mumtaz, and others, M13 and Union Square Ventures co-led the round.

Canada-based Code secures $6.5million in seed funding. Along with Balaji Srinivasan, Roham Gharegozlou, Anatoly Yakovenko, Raj Gokal, Mert Mumtaz, and others, M13 and Union Square Ventures co-led the round.

The money will be used by the business to quicken the expansion of its recently launched international payments platform. Code is a mobile wallet programme that was founded by Ted Livingston that allows users to send and receive micropayments immediately in more than 100 currencies.

Read also – NYC-based Coalesce Capital Secures $900Million inaugural Funding

Users can take use of the open, worldwide, and safe features of self-custodial cryptocurrency without having to deal with the hassles of gas prices, private key management, or sluggish or unsuccessful transactions.

Code is based on the Solana blockchain and offers a private, instantaneous, and worldwide payments experience with the Code Sequencer.

Read also – NYC-based Riverside Secures RAC Riverside Acceleration Capital Opportunity Fund II, L.P. at $235Million

About Code

With Code, anyone can send money to a buddy or make purchases online from anywhere in the world. With an engaging user experience and advanced blockchain technology, the code is completely open source and facilitates global financial inclusion.

Read also – TX-based Trinity Hunt Partners Secures its Fund VII, at $700Million Funding

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