Tech Company Financing Transactions
Alchemy Pay Funding Round
Alchemy Pay, based in Vilnius, secured $10 million from DWF Labs.
Transaction Overview
Company Name
Announced On
4/3/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
DWF Labs (Lead Investor)
Proceeds Purpose
The funds will be utilized to expand the company's payment business in Korea.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Laisvés pr. 60
Vilnius, LT-05120
LT
Vilnius, LT-05120
LT
Phone
Undisclosed
Website
Email Address
Overview
Founded in Singapore in 2018, Alchemy Pay is a payment gateway that seamlessly connects crypto and global fiat currencies for businesses, developers, and users. Alchemy Pay's on & off ramp solution and NFT checkout is integrated via plugin or API. It provides platforms and token issuers with an easy onboarding from fiat currency to crypto. Alchemy Pay supports payments from 173 countries with Visa, Mastercard, Apple Pay, Google Pay, regional mobile wallets, and domestic bank transfers, with a focus on emerging markets. Its real-world crypto payment solutions facilitate payments for Binance Pay, Solana Pay and Crypto.com Pay, and e-commerce merchants in 70+ countries. The Alchemy Pay token ACH is an ERC-20 and BEP-20 on Ethereum and Binance Chain.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Xiang Shi
Co-Founder
Molly Zheng
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