Browsing: global expansion

Baanx, a pioneering force in cryptocurrency payments, has achieved a significant milestone by securing a substantial $20 million in Series A funding. Spearheaded by a notable consortium including Ledger, the Tezos Foundation, Chiron, and the British Business Bank, this investment propels Baanx’s total funding to an impressive $35.3 million, signaling a significant stride forward in financial technology innovation. Central to Baanx’s mission is the redefinition of cryptocurrency payments. Renowned for managing the Ledger card product and establishing a pivotal three-year partnership with Mastercard, with a focus on the U.K. and European markets, Baanx demonstrates the increasing interest of traditional financial…

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