Fundz

Tether Leads Oobit's $25M Series A Funding Round to Propel Crypto Adoption

PRIVATEFeb 05, 2024

Amount Raised

$25 Million

Round Type

Series A

SingaporeFinancial ServicesFintechBlockchainCryptocurrency

Investors

CMCC Global’s Titan FundAnatoly Yakovenko468 CapitalTether

Description

Tether leads Oobit's $25M Series A funding round to propel crypto adoption. The funding round supports Oobit's goal of mainstream cryptocurrency adoption and is aligned with Tether's vision of a financially inclusive world.

Who else raised in Financial Services and Fintech around the same time

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

  • Keyring Network raised $6M (Seed) on March 19, 2024.
  • Oyl raised $3M (Pre-Seed) on March 7, 2024.
  • Architect raised $12M on February 14, 2024.
  • BitFlow raised $1.3M (Pre-Seed) on January 25, 2024.
  • Nakamoto raised $444K (Seed) on December 28, 2023.
  • Custodia Bank raised $2.9M (Seed) on March 21, 2024.

Who to call at Oobit, and when

A new round usually means Oobit is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Oobit raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Oobit, from your own LinkedIn network

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Company Information

Company

Oobit

Location

Singapore, Southeast Asia, Singapore

About

Oobit is a mobile payment application that empowers crypto holders to Tap & Pay at over 100 million retailers worldwide, accepting Visa and Mastercard. The app allows customers to use their digital assets for transactions, with future updates enabling crypto payments while ensuring that merchants receive fiat currency in return.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Oobit raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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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.