Cypher

Crypto Neo-Bank (WhatsApp moment for bank accounts)

Palo Alto, United States · Founded 2021 · $4.3M raised

Employees
1–10
Founded
2021
Business Model
B2B
Total Funding
$4.3M
Last Round
$4.3M SeedJan 2023
Rounds
1

About

Internet broke physical boundaries in commerce and made it global. It never happened in finance. Almost all financial consumer apps are country specific. Stablecoins are the internet moment for finance industry. Cypher lets an user download an app from anywhere in the world and have a bank account in 5 mins and start transacting with the crypto card. Can instantly send USDC to anywhere in the world.

Summary

Cypher is a DeFi company based in Palo Alto, United States, founded in 2021. It has raised $4.3M in total across 1 round, most recently a $4.3M Seed round in Jan 2023. Investors include Samsung Next, Coinbase Ventures and Balaji Srinivasan.

Tech & App Stack

4 technologies & apps tracked

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Funding History

SeedJan 2023
$4.3M

Investors

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