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
Say goodbye to anonymous crypto and privacy coins in the EU
Arizona Governor Calls Crypto an ‘Untested Investment,’ Vetoes Bitcoin Reserve Bill
SHIB Jumps 18%, SUI Rebounds to $2.11, and BlockDAG Eyes $1 with 2,520% Gains; Best Crypto for Higher Returns?
Track Shiba Inu’s 18% gain, SUI’s bounce to $2.11, and why experts call BlockDAG the best crypto for higher returns in 2025.SHIB on the Move as Momentum BuildsSUI Price Chart Signals a Potential BreakoutBlockDAG Surges Past $224M – Could Reach $1 in 2025?Closing Thoughts
$TICS Soars in Presale—Theta and AAVE Take the Stage as Best Altcoins to Buy and Hold for Short Term
Explore the best altcoins to buy and hold for the short term in 2025. Featuring Qubetics, Theta, and AAVE with real-time updates and actionable insights.Qubetics: Leading the Charge in Blockchain InnovationTheta: Pioneering Decentralized Video StreamingAAVE: Dominating the DeFi LandscapeHow Qubetics Stands OutConclusion: The Future Is Bright for Qubetics, Theta, and AAVE
Trending news
MoreCrypto prices
More
