Swiss encryption payment platform Brighty has completed a $10 million financing round, led by Futurecraft Ventures

According to a ChainCatcher message reported by techfundingnews, the Swiss crypto payment platform Brighty has completed a $10 million financing round led by Futurecraft Ventures. The platform was co-founded in 2021 by Nick Denisenko, former chief backend engineer at Revolut, and Roger Buerli, with the aim of providing users with a seamless crypto payment experience.

Brighty has currently launched custodial wallet services supporting Ethereum, Tron, Polygon and Arbitrum. It also offers features such as European IBAN accounts and physical and digital VISA cards. The platform uses DeFi technology to provide up to 5% annual returns on stablecoin card balances. Notably, the platform recently launched an AI-driven crypto investment feature that provides users with data-driven investment strategies across multiple sectors including Momentum, Industrial, Nasdaq and S&P 500.

The company plans to use this round of funding to expand into the UK and European markets focusing on serving digital nomads and those earning income from cryptocurrencies. CEO Roger Buerli stated that there is growing demand for crypto payments in Europe and the UK especially in business transactions financing scenarios as well as salary payments.