Golden Finance reports that a new-generation fintech company, Limited, recently announced the successful completion of a $7 million seed round of financing, dropping a bombshell in the field of the integration of fintech and cryptocurrencies. This round of financing was led by North Island Ventures, with participation from renowned investment institutions such as SevenX Ventures, Third Prime, Arche Capital, Collab+Currency, etc. It marks that Limited’s innovative concept has been highly recognized by the capital market.
Limited is committed to providing self-custoked stablecoin banking services. The comprehensive payment platform it has created is unique, ingeniously integrating the security of self-custoked stablecoins with the convenience of high-end banking services, breaking the boundaries of traditional financial services. Through iOS, Android and web terminals, Limited’s services cover 176 countries around the world, providing efficient and secure financial solutions for global users.
In the fintech industry, Limited has restructured its global banking business from the underlying structure, a pioneering move that has brought numerous conveniences to both enterprises and individual users. When users use the global payment channel, they can not only fully control their funds and ensure the security of their assets through self-custodial wallets, but also enjoy the exclusive card benefits for high-end customers of traditional banks, such as exclusive discounts and priority services. This innovative model not only enhances users’ control over their funds but also provides them with a high-quality financial service experience, meeting the diverse financial needs of different user groups in the global economic environment.
The development potential of Limited has attracted the attention of many investors. The lead investor, North Island Ventures, has long been focusing on innovative projects in the field of fintech. This investment in Limited is an important measure for it to layout the future financial ecosystem. SevenX Ventures, as a leading crypto venture capital fund in Asia, has an asset management scale of over 300 million US dollars. The average working time of its team members in the crypto industry is over 5 years, and its investment projects cover star projects such as Near, Arweave, and YGG. This participation in Limited’s financing is expected to leverage its rich industry resources and investment experience to facilitate the rapid development of Limited. Participating institutions such as Third Prime, Arche Capital, and Collab+Currency have also made achievements in the fields of fintech and cryptocurrencies. Their participation has injected strong financial and resource support into Limited.
With the acceleration of the global digitalization process, the demand for stablecoins is increasing day by day. Stablecoins, as a bridge connecting traditional finance and the cryptocurrency field, have attracted much attention for their stability and convenience. Limited’s self-custodian stablecoin banking service conforms to this market trend and offers users a new option.
In the current complex and volatile global financial environment, Limited addresses users’ pain points such as cross-border payment and asset security management through innovative service models. The successful completion of this round of financing will provide Limited with sufficient funds for its technological research and development, market expansion and team building, helping it further improve its service system, enhance user experience and seize the initiative in the global fintech market. In the future, whether Limited can stand out in the highly competitive fintech field with its innovative services and capital advantages and drive the transformation of stablecoin banking service models is worth continuous attention from the industry.
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