Crypto payments firm Fun raises $72 million from Multicoin and SignalFire in Series A
Summary
Fun, a crypto-native payments infrastructure startup, has secured $72 million in a Series A funding round led by Multicoin Capital and SignalFire. Founded in 2022, the company provides payment processing services for major platforms like Polymarket, Lighter, and Aave, currently handling over $18 billion in annual transactions. The fresh capital will be used to scale operations in the Asia-Pacific region, increase engineering capacity, and pursue strategic acquisitions to further its goal of enabling instant, frictionless global value movement.
(Source:Crypto Briefing)