Thursday, June 30, 2022

Home Cryptocurrency Crypto payments firm TripleA bags $4m from Razer’s VC arm

Crypto payments firm TripleA bags $4m from Razer’s VC arm

TripleA that was founded by Eric Barbier, a serial entrepreneur helps businesses enable crypto payments and pay outs

A Singapore-based crypto payments firm – TripleA has raised US$4 million in a funding round led by zVentures, VC arm of Razer.

TripleA that was founded by Eric Barbier, a serial entrepreneur helps businesses enable crypto payments and pay outs. It provides various features such as locked-in exchange rates, real-time fiat conversion, and no chargeback crypto payment solution.

It is the first crypto payment company that earned a digital payment token licence from the Monetary Authority of Singapore.

“This strategic investor partnership with zVentures brings knowledge, connections, and consultancy in the gaming sector, a key vertical for crypto payments,” Barbier said in a statement.

TripleA, earlier this month, was selected by Binance as the global crypto-currency payment gateway for Binance Pay. The partnership will enable the former’s merchants to accept payments via Binance Pay.

Meanwhile, zVentures recently joined the US$5 million round of Singapore-based coffee tech start-up Morning, which was led by East Ventures.

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khushbu Soni CIO News Mercadeo
Khushbu Soni
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