We are proud to announce our $5M seed raise led by Giant Ventures, @a16zcrypto’s CSX, Factor Capital, & fintech leaders.
We now process over $40M monthly and have grown more than 10x since January.
Thanks to all our clients, team, and backers!
Shield is trying to make cross-border payments less painful by building a crypto neo-bank that bakes compliance right into the process.
Think exporters and importers paying in stablecoins, but without waking up to scary letters from regulators.
Giant Ventures led the $5 million seed, alongside a16z crypto and Factor Capital.
#DAILYCOVER | @shield_xyz, cofundada por @LuissCarchi, evolucionó de ser una startup de ciberseguridad a ser un neobanco especializado en stablecoins en solo dos años y procesan más de US$ 150 millones en pagos internacionales.
La empresa ayuda a negocios a simplificar transacciones en USDT y USDC, a la vez que se expanden con exitosas rondas de inversión que la posicionan como puente entre la banca tradicional y el mundo cripto.
Lee más de esta fintech aquí: https://t.co/6xRjXE3B5a
#ForbesEcuador #Stablecoins #BancaCripto #InnovaciónFintech
Congratulations to the Shield team on their recent funding round! We are proud to support Shield with financial infrastructure that enables stablecoin acceptance and payouts for their global trade businesses 🤝
Sometimes the best investments come from backing exceptional founders before they find their breakthrough idea. Shield's journey from pivot to $5M raise is exactly why I bet on teams, not just traction.
Congrats to the entire team! 🚀
Very proud of the team at @shield_xyz.
We’re delighted at @triton_xyz to be early backers (our first investment coming from our former name @KrakenVentures) and applaud the prescience with which @EmanFT_@LuissCarchi@isaiahudotong recognized that stablecoin rails would be critical to efficient global trade.
Their progress and volume growth since taking their product live has been a testament to the real world importance of crypto and blockchain.
Thanks for giving me a front row seat on this journey!