Airswift raises $2m in pre-seed funding to build Web 3.0 Native Payment Infrastructure
By Edlyn Cardoza
Airswift, a FinTech startup pioneering Web 3.0 native payment solutions, announced that it raised $2 million in a pre-seed funding led by CE Innovation Capital (CEiC).
The latest funding indicates that investors are confident about Airswift’s unique model and are optimistic about the future of payment solutions that power the use of digital assets.
Airswift is building a comprehensive payment infrastructure native to Web 3.0, with blockchain technology at its core. This includes an easy-to-use on-chain payment gateway allowing merchants to accept crypto and fiat currency, enabling frictionless purchases with digital assets.
Airswift plans to launch its initial product by September 2022, making it a full-stack payment gateway solution that facilitates digital asset acceptance around the globe.
“The raise from CEiC shows that investors are confident in our unique strengths in blockchain R&D, payment gateway operations, regulatory compliance, among other factors,” said Dr. Yan Zhang, Co-founder and CEO of Airswift. “The current challenge associated with enabling crypto payments lies with both technical areas and fund aggregation. Airswift is committed to solving these issues with a decentralized payment gateway that protects user privacy and supports a liquidity pool model powered by blockchain technology.”
As a FinTech-focused global investor, CEiC firmly believes blockchain-enabled payment solutions are a fundamental technological innovation that could create a global paradigm shift in the financial services industry. The investor values Airswift’s unique advantages in its established and forward-looking CeFi and DeFi solutions and its team’s rich experience, business acumen and prudent regulatory mindset towards the payments and blockchain industries. CEiC is excited to partner with Airswift to create new payment solutions that could disrupt the trillion-dollar global digital payment market.
Airswift was co-founded by CEO Dr. Yan Zhang, a successful entrepreneur in crypto, e-commerce and FinTech. His team brings comprehensive expertise in blockchain R&D, having obtained over fifty patents related to the technology. Airswift also has a significant background in payment gateway operations, achieving strong regulatory endorsements in North America, SEA, and EMEA.
IBSi Daily News Analysis
December 04, 2023
Saudi Arabian firms are likely to outsource cybersecurity by next year, study showsRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage