PEXX secures US$4.5M for its stablecoin-to-fiat payment platform

Quick Summary:

PEXX, a fintech startup that allows users and businesses to convert stablecoins into fiat currencies, has closed a US$4.5 million seed funding.TNB Aura led the round.

Antler, EMO Capital, Filecoin, and several unnamed VC and crypto investors also participated.

It enables direct transfers into bank accounts, streamlining the crypto-to-fiat conversion process.

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Article Details

Author / Journalist: Sainul

Category: StartupsTechnology

Markets: Singapore

Topics: Web3 Investments Fintech News EMO Capital PEXX Antler Filecoin TNB Aura

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-17 @ 03:36:03 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: e27.co

Language: English

Article Length: 310 words

Reading Time: 2 minutes read

Sentences: 2 lines

Sentence Length: 155 words per sentence (average)

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

Copyright Owner: © e27

News ID: 21659818

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About e27

Main Topics: StartupsTechnology

Official Website: e27.co

Update Frequency: 6 posts per day

Year Established: 2006

Headquarters: Singapore

News Last Updated: 8 hours ago

Coverage Areas: Singapore

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Publisher ID: #10

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