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Pact Labs secures $7 million in Series A funding led by Tether, with participation from Blockchange Ventures and Lasagna to enhance infrastructure for USA₮ payroll solutions.

PRIVATEJul 14, 2026•26 days ago

Amount Raised

$7 Million

Round Type

Series A

San Francisco

Investors

LasagnaBlockchange VenturesTether

Description

Pact Labs announced its Series A financing, anchored by Tether's strategic investment, raising $7 million. This funding will accelerate the buildout of infrastructure for USA₮ across payroll, credit, and payments. The goal is to provide instant wages and streamline payment processes for American workers. The partnership aims to reduce costs and improve compliance within the payroll system.

Company Information

Company

Pact Labs

Location

San Francisco, California, United States

About

Pact Labs is the development and infrastructure-building arm of PACT, responsible for designing and deploying the technical systems that power the PACT protocol and its consumer products. Pact Labs builds the core wallet, data, and payment infrastructure, and smart contract architecture that connect the PACT Protocol to real-world fintechs. Its integrations have facilitated over $1.9 billion in credit across emerging markets and now powers compliant on-chain payroll infrastructure. Pact Labs operates as a key member of the PACT Consortium, providing the technical foundation for a global network of fintechs.

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Funding Insights

Based on industry data

Typical timeline to Series B

Series A companies typically raise their next round in 10-18 months

Monthly burn rate benchmark

47% of Series A startups spend $400k or more per month on operations

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers