Thursday, August 11, 2022

TO BUILD WEB 3.0 NATIVE PAYMENT INFRASTRUCTURE, AIRSWIFT RAISES $2 MM IN PRE-SEED FUNDING LED BY CE INNOVATION CAPITAL

VANCOUVER, British Columbia, Aug 9 (Bernama-BUSINESS WIRE) -- Airswift, a fintech startup pioneering Web 3.0 native payment solutions, announced that it raised $2 million USD in a pre-seed funding led by CE Innovation Capital (CEiC).

The latest funding comes amid a bear market sentiment and uncertainty around crypto. It indicates that investors are confident about Airswift’s unique model, and optimistic about the future of payment solutions that power the use of digital assets.

With blockchain technology at its core, Airswift is building a comprehensive payment infrastructure native to Web 3.0. This includes an easy-to-use on-chain payment gateway that allows merchants to accept both crypto and fiat currency, enabling frictionless purchases with digital assets. Airswift plans to launch its initial product by September 2022, making it one of the first full-stack payment gateway solutions that facilitate digital asset acceptance around the globe.

“The raise from CEiC shows that investors are confident in our unique strengths in blockchain R&D, payment gateway operations, regulatory compliance, among other factors,” said Dr. Yan Zhang, Co-founder and CEO of Airswift. “The current challenge associated with enabling crypto payments lies with both technical areas and fund aggregation. Airswift is committed to solving these issues with a decentralized payment gateway that protects user privacy and supports a liquidity pool model powered by block-chain technology.” 

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