Weld Money

company

About

Weld Money is a fintech company in the middle between Neo Banking and Web3, providing convenient services for blockchains, Metaverses, users

Details

Last Funding Type
Seed
Last Funding Money Raised
$3.60M
Industries
Banking,Blockchain,Cryptocurrency,Financial Services,FinTech,Payments
Founded date
Jan 1, 2019
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
Weld Money
Also Known As
WELD

Weld Money is the first non-custodial Decentralised Visa and MC payment card connected to CEXes, DEXes, Metaverses and P2E that allows people to use different crypto assets to pay everywhere for online/offline purchases

The unique legal and IT structure of the project allows it to launch crypto payments even in emerging markets with a poorly developed banking system or no legal status for cryptocurrencies

The first resounding victory of the company was the launch of the first and only weld crypto card in the Ukrainian market, where the crypto is still not recognized as a means of payment, which is why not a single major player can enter the market

The team recently announced a new round of investments and entry into new markets

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$3.60M
Weld Money has raised a total of $3.60M in funding over 2 rounds. Their latest funding was raised on Aug 1, 2021 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 1, 2021 Seed $3.60M 6 Magnus Capital Detail

Investors

Number of Lead Investors
Number of Investors
1
6
Weld Money is funded by 6 investors. Magnus Capital and 7 O’Clock Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Magnus Capital Yes Seed
7 O’Clock Capital Seed
AU21 Capital Seed
Avalon Wealth Club Seed
Concorde Capital Seed
Evan Luthra Seed

Employee Profiles

Number of Employee Profiles
3
Weld Money has 3 current employee profiles, including Executive Alex Bobok
Executive
Executive
Executive