Alchemy Pay Partners With Dwf Labs To Secure $10 Million Funding At A Valuation Of $400 Million
Amount Raised
$10 Million
Round Type
Funding Round
SingaporeFinancial ServicesFintechBlockchainCryptocurrencyInvestors
Description
In order to facilitate its expansion into the Korean market, Alchemy Pay has announced a strategic partnership with DWF Labs, the prominent multi-stage web3 investment firm. As part of this partnership, Alchemy Pay has secured $10 million in funding from DWF Labs, which will be utilized to expand its payment business in Korea, capitalize on the region's high level of cryptocurrency acceptance, and assist Korean enterprises in achieving greater internationalization. Alchemy Pay's estimated valuation during the funding phase was reported to be $400 million.
Quick answer
Alchemy Pay raised $10 Million in a Funding Round round, dated April 3, 2023. Investors: Dwf Labs. Alchemy Pay is based in Singapore, Southeast Asia, Singapore.
- How much did Alchemy Pay raise?
- Alchemy Pay raised $10 Million in a Funding Round round on April 3, 2023.
- Who invested in Alchemy Pay?
- Dwf Labs is named as investors in this round.
- What does Alchemy Pay do?
- Founded in Singapore in 2018, Alchemy Pay (ACH) is a payment solutions provider that seamlessly connects fiat and crypto economies for global consumers, merchants, developers, and institutions.
- Where is Alchemy Pay based and how big is it?
- Alchemy Pay is based in Singapore, Southeast Asia, Singapore. Fundz records about 64 employees.
- Who are the decision-makers at Alchemy Pay?
- Fundz holds 1 contact at Alchemy Pay, including the Global Director of BD. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Fintech around the same time
Companies in the same sectors as Alchemy Pay that raised within 45 days of this round, from Fundz verified event records.
- Finterest raised $120K (Seed) on May 10, 2023.
- Grayscale Investments raised $34M (Funding Round) on March 13, 2023.
- Term Labs raised $2.5M (Seed) on February 28, 2023.
- Amboss Technologies raised $4M (Seed) on April 25, 2023.
- Nayms raised an undisclosed amount (Funding Round) on April 20, 2023.
- Relai raised $4.5M (Seed) on March 6, 2023.
Who to call at Alchemy Pay, and when
A new round usually means Alchemy Pay is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Alchemy Pay raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Alchemy Pay, from your own LinkedIn network
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Related People
Alchemy Pay raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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