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.

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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.

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