Nara has closed a $500,000 pre-seed round from YZi Labs, the former Binance Labs investment vehicle. The startup builds yield-bearing PayFi infrastructure tied to real payment and receivables flows. The round follows Nara's 10-week run at EASY Residency Season 4 in Bhutan, where they pitched to notable investors. Nara plans to utilize the capital for a public launch in September.
Company Information
Company
Nara
Location
Bhutan
About
Nara is a startup focused on building yield-bearing PayFi infrastructure that connects to real payment and receivables flows. It aims to innovate within the financial technology sector by integrating crypto elements to enhance payment processes. Nara recently raised funding to refine its product ahead of a public launch. The company participated in EASY Residency Season 4 to gain exposure and support.
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