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CityPay.io - Extended Seed
Overview
Funding Date
August 17, 2023
Financing amount
$2M
Valuation
--
Catagory
Subcategory
About CityPay.io - Extended Seed
Georgia's CityPay.io, a cryptocurrency payments start-up, has raised a Seed funding round of more than €2 million, which includes $500k investment in cryptocurrency. Investors in the round include Tether, Presto Ventures, and angel investors. Funding will help escalate the expansion into CIS region and other markets, as well as see the development of a B2C platform.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Corporate | United States of America | 2014 | 8 | -- | ||
| Fund | Czechia | 2016 | 2 | hello@prestoventures.com |
Founders & Team
Beka Kemertelidze
Eralp Hatipoglu
Company Profile / Project Introduction
CityPay.io creates high-tech system for businesses enabling them to receive customer payments in cryptocurrency. Founded in 2020, the company already supports hundreds of companies and boosted their sales by adopting new additional way of receiving payments.