Global digital payment service provider Kun KUN completed a seed round of financing of tens of millions of US dollars, led by BAI Capital

The global digital payment service provider Kun KUN received a seed round of financing of tens of millions of US dollars, led by BAI Capital, followed by Jinshajiang Venture Capital and Hash Global. This round of financing will be used to improve the compliance, risk control and license system, and to expand the global cooperation and operation network.

Kun KUN is a financial technology company focusing on Web2 Web3 one-stop digital payment services. Relying on payment licenses and cryptographic compliance systems in Hong Kong, Singapore, the Middle East and the European Union, it provides scenario-based digital payment solutions for cross-border trade, overseas enterprises and the Web3 industry. Its business has covered emerging markets such as Asia, Latin America and Africa, and is committed to building a trustworthy global digital payment network.

Kun KUN has effectively solved the problems of inefficiency, high cost and cumbersome processes of cross-border payments by building a compliance bridge between stablecoins and fiat currencies. Its efficient, compliant and secure solutions have become a powerful complement to the SWIFT system.

William, partner at BAI Capital, said that the Kun KUN team has forward-looking market insight, operational efficiency and end-to-end solution capabilities, and has shown great potential in the rapidly developing digital payment field.

Jefferson, partner at GSR Ventures, pointed out that the Kun KUN team has rich experience in the payment industry and has always attached importance to the construction of compliance, risk control and security systems, winning market trust and good reputation, and achieving significant growth.

Hash Global founder KK believes that Kun KUN is an important part of its investment layout in the fields of Web3 commercial applications and infrastructure. Its efficient, secure and compliant one-stop payment capabilities will provide convenient payment solutions for Web3 commercial applications and promote on-chain data circulation and value monetization.

Liu Jialiang, founder and CEO of KunKUN, said that the company is committed to solving the pain points of cross-border payments and optimizing the efficiency of global capital flow. They will use stablecoins and blockchain technology to provide the optimal solution for Web2 Web3 payments, becoming an effective complement to SWIFT and traditional banking systems. Customer value is Kun KUN's core goal. The company will continue to invest in the construction of licenses, risk control and security systems, improve cross-border payment efficiency in emerging markets, promote the convenient and compliant flow of global funds, and ultimately empower the real economy.

The above is the detailed content of Global digital payment service provider Kun KUN completed a seed round of financing of tens of millions of US dollars, led by BAI Capital. For more information, please follow other related articles on the PHP Chinese website!