Mobile payments app Oobit raises $25M in Series A funding round
Singapore-based mobile payments app Oobit has raised $25 million in a Series A funding round led by Tether's investment arm, CMCC Global's Titan Fund, 468 Capital, and Solana co-founder Anatoly Yakovenko. The app allows users to pay for purchases using crypto, while merchants receive fiat currency. Oobit plans to open up the capability to third-party wallets, transitioning into a non-custodial crypto payments app. The company joins other crypto firms working with traditional finance companies to offer consumers more efficient ways of using their crypto holdings to pay for goods.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
“Hyperliquid 50x Whale” opens 40x BTC short position, with a position value of $160 million
Code of Joker game will reappear on smartphones in a new version via Sui blockchain
Share link:In this post: The arcade Code of Joker existed from 2013 to 2019 The game will run on a platform Mysten acquired just days ago. Sui partnered with Jokers, Inc., which is obtaining more games to revive in Web3
RLUSD Can Be Frozen for Compliance, Ripple CTO Admits

BlackRock to File XRP ETF Only After SEC Lawsuit Resolution, Expert Says

Trending news
MoreCrypto prices
More








