How much funding has Fonbnk raised?

Fonbnk has raised $4.4M in total funding, most recently a seed round.

Who are Fonbnk's investors?

Fonbnk's investors include New Form Capital, Village Capital, Gaingels, Kraken Ventures, Hustle Fund, Echo Vc.

Where is Fonbnk headquartered?

Fonbnk is headquartered in Washington, D.C., District of Columbia, United States.

What industry is Fonbnk in?

Fonbnk operates in Crypto & Web3, Fintech.

Fonbnk

The Stablecoin Settlement Layer for Global Commerce.

Washington, D.C., United States · Founded 2021 · $4.4M raised

Crypto & Web3

Fintech

Headquarters: Washington, D.C., District of Columbia
Employees: 11–50
Founded: 2021
Website: fonbnk.com

Total Funding: $4.4M
Last Round: $3.5M SeedMar 2022
Rounds: 2

About

Fonbnk is a stablecoin settlement layer that bridges mobile-first, cash-based economies in the Global South to Web3 financial infrastructure. By converting prepaid mobile airtime and payments into stablecoins such as USDC, Fonbnk enables frictionless cross-border payments, FX conversion, and real-time treasury flows for payment service providers and financial institutions. The platform eliminates the need for traditional bank accounts, allowing anyone with a prepaid SIM card to access digital finance.

Summary

Fonbnk is a Crypto & Web3 company based in Washington, D.C., United States, founded in 2021. It has raised $4.4M in total across 2 rounds, most recently a $3.5M Seed round in Mar 2022. Investors include New Form Capital, Village Capital and Gaingels.