CHICAGO, May 28, 2024 (GLOBE NEWSWIRE) — Coinflow Labs (“Coinflow”), an instant settlement payment provider, today announced the closing of its $2.25M seed round. The round was led by CMT Digital with participation from Reciprocal Ventures, Jump Crypto, Draper Dragon, Digital Currency Group [and various angel investors]. This round follows a pre-seed round Coinflow raised in early 2023 with the majority of their investors doubling down on the team.
Coinflow is a blockchain-based payment processor that enables instant settlement for both payment acceptance and payouts. Coinflow serves companies in various industries, including gaming and music, with clients such as Solana Labs, Faraway, and Audius. They have helped companies increase revenue and payment approval rates. Coinflow’s platform offers additional value-added payment-adjacent services such as complete chargeback protection, analytics, and KYC/KYB. For more information on Coinflow Labs, please visit https://[email protected]
(GlobeNewsWire)