Summary
- Fin, a cross-border stablecoin remittance company, said it raised $17 million in investment.
- It said the round was led by Pantera Capital, with Sequoia and Samsung Next participating.
- Fin said it plans to use the funds for product enhancement, staff expansion, and service area expansion.
Fin, a cross-border stablecoin remittance company, has raised $17 million (about 25 billion won).
On the 3rd (local time), Fortune reported that the investment round was led by Pantera Capital, with Sequoia and Samsung Next participating.
Fin is known to provide services that use stablecoins to handle cross-border remittances and settlements faster and more cheaply. The company plans to use the funds it secured this time to enhance its products, expand its workforce, and broaden its service regions.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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