https://techcrunch.com/2021/10/21/hong-kong-based-fintech-xanpool-raises-27m-for-its-decentralized-payment-network/

XanPool, a payment infrastructure provider that facilitates faster crypto and fiat settlements, announced today it has raised a $27 million Series A led by Valar Ventures. The round included participation from CMT Digital, Wise founder and chairman Taavet Hinrikus and existing investors Gumi Gryptos and Antler.

The funding brings XanPool’s total raised since it was founded in 2019 to over $32 million. Founder and chief executive officer Jeffrey Liu told TechCrunch that Series A will be used to consolidate XanPool’s presence across APAC, where it is used in 12 countries, with the goal of growing its user base from 500,000 now to 10 million by the end of 2022. Its users include consumers and businesses that want an alternative to traditional payment processors.