Biptap Secures $2 Million For Privacy-Centric Banking

7 days ago

Unicorn News: The Latest in Digital Assets - September 03, 2024

Biptap, a fintech company specializing in privacy-centric offshore banking, has raised $2 million in a pre-seed funding round. The investment will be used to enhance their product and expand their reach, emphasizing user control over financial transactions.

Biptap, a fintech company specializing in privacy-centric offshore banking solutions, announced on September 2, 2024, that it has raised $2 million in a pre-seed funding round. The funding attracted a diverse group of investors, including web3 decentralized investment funds, a travel facilitator with a network of 2.5 million hotels, an encryption tech firm, and the ex-founder of a major crypto investment fund. The investment will be used to enhance Biptap's product offerings and expand its reach beyond the Web3 space, focusing on providing users with greater control over their financial transactions with an emphasis on privacy.