Kima raised $5 million in a pre-seed funding led by Blockchange and Mastercard R&D accelerator for decentralized settlement protocol.

Jun 12, 2024•over 1 year ago

Amount Raised

$5 Million

Round Type

seed

Tel AvivFinancial Services

Investors

Maven CapitalKangaroo CapitalCastrum CapitalBig Brain HoldingsOutlier VenturesFin Sec Innovation LabMastercard R&D AcceleratorBlockchange

Description

Kima, a payment startup, raised a total of $5 million in pre-seed funding through equity and token funding rounds. The firm plans to use the funds to onboard additional institutions, payment platforms, and cross-chain decentralized apps, as well as to grow its research and development, finance arm, and regulatory processes.

Company Information

Company

Kima

Location

Tel Aviv, Tel-Aviv District, Israel

About

Kima is the fintech fixing DeFi’s interoperability problem. Its dApp-agnostic protocol for universal liquidity unites fragmented blockchains and assets to create a new financial reality. Kima is building a DeFi ecosystem that is more efficient, safe and completely interconnected. Its groundbreaking blockchain protocol connects the DeFi and TradFi ecosystems. Led by seasoned tech, Web3 and financial experts, Kima makes it easier to develop and launch multi-chain applications and financial instruments.

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