Poko
Seamless Fiat Payments for Web3
Singapore, Singapore · Founded 2021 · $4.5M raised
- Headquarters
- Singapore
- Employees
- 1–10
- Founded
- 2021
- Website
- pokoapp.xyz
- Total Funding
- $4.5M
- Last Round
- $4.5M SeedJun 2023
- Rounds
- 1
About
Poko enables seamless transfers from local payment rails to web3 infrastructure enabling web3 wallets, marketplaces, games and DApps to acquire more users. With Poko’s SDK, web3 builders can easily enable fiat-to-crypto onramping with 100+ common local payment methods or easily pay for NFTs with local payment methods. Poko's fiat-to-cryptoonramp aggregator reduces onramping costs by up to 70% and increases transaction success rates by up to 5x through a smart routing logic and a single integration to multiple onramps. It's Direct Checkout solution enables one step purchasing from fiat payment rails from any smart contract for 79% higher user conversion. The co-founders’ experience includes being chief strategy officer of a $2.4B coincap protocol, leading technical implementation of Singapore’s central bank’s experiment in cross-border payments on blockchain rails, policy experience as payments task force member at the World Economic Forum, ex-Ethereum Foundation Fellow, and CTO of a 2M+ user play to earn game.
Summary
Poko is a Developer Tools company based in Singapore, Singapore, founded in 2021. It has raised $4.5M in total across 1 round, most recently a $4.5M Seed round in Jun 2023. Investors include Nazca, Y Combinator and Global Founders Capital.
Funding History
Jun 2023
Investors
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