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Cfx Labs Closes $9.5 Million Seed Round To Continue The Rapid Transformation Of Global Payment Processing And Monetization

PRIVATENov 15, 2023

Amount Raised

$9.5 Million

Round Type

Seed

ChicagoFintechBlockchainCryptocurrency

Investors

Metropolitan Capital Bank & TrustNew Form CapitalKraken VenturesHard YakaCorazon CapitalCMT DigitalAntalphaDecasonicShima Capital

Description

CFX Labs, a future leader in the monetization of rapid and secure international payments markets currently operating a nationwide payment network, announced it has raised $9.5 million in seed funding. CFX Labs raised funds from a diverse array of strategic partners including Shima Capital, Decasonic, Antalpha, CMT Digital, Corazon Capital, Hard Yaka, Kraken Ventures, New Form Capital, Metropolitan Capital Bank & Trust amongst others in an oversubscribed round.

Quick answer

CFX Labs raised $9.5 Million in a Seed round, dated November 15, 2023. Investors: Metropolitan Capital Bank & Trust, New Form Capital, Kraken Ventures, Hard Yaka, Corazon Capital, CMT Digital, Antalpha and Decasonic. CFX Labs is based in Chicago, Illinois, United States.

How much did CFX Labs raise?
CFX Labs raised $9.5 Million in a Seed round on November 15, 2023.
Who invested in CFX Labs?
Metropolitan Capital Bank & Trust, New Form Capital, Kraken Ventures, Hard Yaka, Corazon Capital, CMT Digital, Antalpha and Decasonic are named as investors in this round.
What does CFX Labs do?
CFX is an early stage innovator in global money movement.
Where is CFX Labs based and how big is it?
CFX Labs is based in Chicago, Illinois, United States.
Who are the decision-makers at CFX Labs?
Fundz holds 1 contact at CFX Labs. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Fintech and Blockchain around the same time

Companies in the same sectors as CFX Labs that raised within 45 days of this round, from Fundz verified event records.

  • Nakamoto raised $444K (Seed) on December 28, 2023.
  • Lolli raised $8M (Series B) on December 14, 2023.
  • Rho Labs raised $2.2M (Seed) on November 16, 2023.
  • Untangled Finance raised $14M (Funding Round) on October 11, 2023.
  • Monark Markets raised $600K (Seed) on October 1, 2023.
  • Andalusia Labs raised $48M (Series A) on December 13, 2023.

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Company Information

Company

CFX Labs

Location

Chicago, Illinois, United States

About

CFX is an early stage innovator in global money movement. The company enables individuals and businesses to move seamlessly between digital assets and local currency as part of its decentralized global payment gateway and network of payment networks. Its mission is to reward 5.3B world wide web users with digital coupons for online payments and digital remittance. CFX is a licensed, registered, and regulated issuer exporter of electronic P2P cash in partnership with its FDIC Member Bank investor serving as USD custodian.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.