Former Coinbase and Square Employees Raise $58M For Web3 Payments Firm Bridge

Quick Summary:

Bridge, a platform built by former Coinbase and Square employees, has emerged from stealth with $58M in funding from Sequoia, Ribbit, Index and Haun Ventures.

Bridge is building a stablecoin-powered money transfer platform offering services like payouts, cross-border payments and foreign exchange.

Transactions settle in minutes and at a fraction of the cost vs.SWIFT,” Bridge wrote.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: India

Topics: Bridge Employees $58M Raise News Former Square Latest News Web3 Payments Firm COINBASE

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-30 @ 03:25:53 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 363 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22304301

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Year Established: 2020

Headquarters: India

News Last Updated: 1 days ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #121

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