Charm

Magic Internet Money

United States · Founded 2019 · $6.0M raised

Founded
2019
Business Model
B2B
Total Funding
$6.0M
Last Round
$6.0M SeedNov 2023
Rounds
1

About

Charm is a universal payments app that lets users send money to anyone regardless of which platform they use, including Venmo, Cash App, and Zelle, without requiring the recipient to create a new account. Funds are held as USDC, a regulated dollar-backed stablecoin, and automatically earn yield through the Morpho lending protocol while sitting in a user's balance. The company also offers up to 2% cashback on inbound transfers, positioning itself as an alternative to juggling multiple peer-to-peer payment apps.

Summary

Charm is an Artificial Intelligence company based in United States, founded in 2019. It has raised $6.0M in total across 1 round, most recently a $6.0M Seed round in Nov 2023. Investors include 468 Capital.

Tech & App Stack

2 technologies & apps tracked

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Funding History

SeedSeed RoundNov 2023
$6.0M

Investors

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