How much funding has Storspay raised?

Storspay has raised $320K in total funding, most recently a Pre-Seed round.

Who are Storspay's investors?

Storspay's investors include Techstars, Circle Ventures, RBCx.

Where is Storspay headquartered?

Storspay is headquartered in Toronto, Ontario, Canada.

What industry is Storspay in?

Storspay operates in Crypto & Web3, Fintech.

Storspay

Low-cost working capital for small businesses, powered by stablecoin.

Toronto, Canada · Founded 2023 · $320K raised

Crypto & Web3

Fintech

Headquarters: Toronto, Ontario
Employees: 1–10
Founded: 2023
Business Model: Marketplace

Website: storspay.com
Total Funding: $320K
Last Round: $320K Pre-SeedApr 2023
Rounds: 1

About

Storspay (operating as StorsApp, an RxAll company) is a DeFi-powered lending platform that automates retail lending to small businesses globally using USD stablecoin. The protocol enables individual investors in North America to lend dollar-denominated stablecoins to small businesses with zero traditional collateral through an automated lending pool mechanism, providing access to low-cost working capital at competitive interest rates. Storspay has partnered with RxAll, a pan-African commerce platform with 5,000+ digitized small businesses, to extend its stablecoin lending rails into emerging markets.

Summary

Storspay is a Crypto & Web3 company based in Toronto, Canada, founded in 2023. It has raised $320K in total across 1 round, most recently a $320K Pre-Seed round in Apr 2023. Investors include Techstars, Circle Ventures and RBCx.

LinkedIn X (Twitter)