Digital Payments Finance News

WasabiCard, Payment Unicorn-in-the-making, Closes Pre-A, backed by Vernal Capital and Avenir Group, Vision Plus Capital, and 01VC

WasabiCard, Payment Unicorn-in-the-making, Closes Pre-A, backed by Vernal Capital and Avenir Group, Vision Plus Capital, and 01VC

WasabiCard, a global payment infrastructure platform bridging stablecoins with real-world financial applications, announced that it has completed its Series Pre-A funding round. Together with its earlier financing, the company has raised nearly US$10 million from investors including Vernal Capital, Avenir Group, Vision Plus Capital, and 01VC.

The funding will be used to strengthen WasabiCard’s global payment infrastructure, expand stablecoin-powered card and payout capabilities, accelerate international growth, and support continued investment in product development and compliance.

Read More on Fintech : Global Fintech Interview with Rob Young, Managing Director – UK at InDebted

Since launch, WasabiCard has served more than 500 enterprise clients globally, issued over 500,000 cards, and processed more than US$1 billion in cumulative transaction volume.

Looking ahead, WasabiCard plans to continue enhancing its enterprise payment product suite, including global card issuing, payout infrastructure, stablecoin-powered payment solutions, and capabilities supporting AI Agent payments and programmable payment workflows for global businesses.

Catch more Fintech Insights : The AI Shift in Fraud: Why Banks Need a New Playbook

[To share your insights with us, please write to psen@itechseries.com ]

Related posts

Growth in Fintech Opens Doors to Financial Inclusion, but Also to Risks, According to KnowByLity’s Platform Experts

Fintech News Desk

The Digital Dollar Project Launches Technical Sandbox Program to Explore Central Bank Digital Currency Infrastructure Solutions

Fintech News Desk

PerceptaCore Launches Industry-Leading Agentic AI KYC System, Redefining Compliance Automation for Financial Institutions

Business Wire
1