Fonbnk
Fonbnk is a crypto & web3 company in Washington, United States, founded in 2021. It has raised $4.4M across 2 rounds, most recently a $3.5M Seed in March 2022.
The Stablecoin Settlement Layer for Global Commerce.
- Headquarters
- Washington, District of Columbia
- Employees
- 11–50
- Founded
- 2021
- Business Model
- B2B
- Website
- fonbnk.com
- Total Funding
- $4.4M
- Last Round
- $3.5M SeedMar 2022
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 14 investors for this company. The full record is or through the API.
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
It lists 11–50 employees. 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.
Tech & App Stack
4 technologies & apps tracked
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Funding History
Mar 2022
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Funding: Seed. Amounts, valuations, and investors where available.
Investors
New Form Capital
1 round
Village Capital
1 round
Gaingels
1 round
Kraken Ventures
1 round
Hustle Fund
1 round
Echo Vc
1 round
Frontier Ventures
1 round
Techstars
1 round
Industrious Ventures
1 round
Allied Venture Partners
1 round
Creative Destruction Lab
1 round
100 Ventures
1 round
Adaverse
1 round
Lightspeed Venture Partners
1 round
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