The PennZone

  • Home
  • Business
  • Construction
  • Health
  • Non-profit
  • Real Estate
  • Technology
  • Travel
  • Entertainment

Weld Money, cryptocurrency bank card startup, raises capital from Magnus Capital, HSVC Capital, and Concorde Capital
The PennZone/10145452

Trending...
  • AktieGo Publishes Editorial Feature Examining Decentralized Power Infrastructure and Hydrogen Energy Deployment
  • Scoop Social Co. Launches a New Era of Mobile Hospitality — One Truck, Two Experiences
  • Going Solo Life publishes new travel guide for 2026
11weld Weld.Money
TALLINN, Estonia - PennZone --
  • Weld Money has raised $3.6M in the latest funding round.
  • The startup plans to launch its digital assets Visa cards in Europe and the CIS region by the end of the year.

Weld Money, an Eastern European startup which allows users to use Weld card to pay for any purchases or services with cryptocurrency or other digital assets the same way as with a traditional bank card, has raised $3.6M in the latest funding round.

The round was made possible through the sale of WELD tokens and was backed by Magnus Capital, HSVC Capital, Concorde Capital and others. The public sale of WELD tokens will be available on September 22 on Uniswap and Pancakeswap

More on The PennZone
  • The State of Law Firm Marketing: Top Companies, Awards, and Resources
  • USA Best Book Awards Finalist What Love Leaves Behind Releases March 24
  • Inkdnylon Custom Apparel Launches Cost-Saving System for Promotional Products and Custom Apparel in Chicago
  • Colonial Nissan Helps Drivers Avoid Costly Repairs with Spring Car Maintenance Tips
  • ENTOUCH Named Finalist for 2026 North American Inspiring Workplaces Awards

The launch and vesting schedule of WELD tokens is secured via the Kaizen Finance platform. Investors are able to utilize their tokens within the Weld ecosystem and take advantage of investor benefits, such as staking.

The capital injection will help Weld Money to launch first cards in October 2021 in Ukraine, and by the end of the year in Europe and the CIS region, said Weld Money Co-Founder and CEO Alexey Bobok. Weld Money also plans to direct the capital towards research and development to grow its adoption. In addition, the startup is looking to expand the current team by hiring more staff.

More information about Weld

Source: Weld Europe OU

Show All News | Report Violation

0 Comments
1000 characters max.

Latest on The PennZone
  • JGCMGS Details Architecture to Safeguard Assets From Unauthorized Phishing Scams
  • 21 Days: The Malta Deadline That Could Redraw the Finnish Online Casino Map
  • JEGS Launches Modern, Secure Payments Powered by PhaseZero.ai
  • U.S. Government Contracts in Excess of 38 Million Secured Through Partner, Establishing Multi-Year Defense Revenue Platform Through 2032: $BLIS
  • New Report Reveals Surprising Trends in Ohio Airport Accidents
  • Why Your Berberine Failed: RevGenetics Unveils the Absorption Gap Solution
  • WCC Kitchens and Cabinets Featured on Selling Houses Australia
  • Cat Hunt Simulator : Burrow & Pounce Lands on the App Store
  • Shincheonji Marks 42nd Anniversary: From a Basement to a Denomination Growing by Tens of Thousands Annually
  • Imagen Golf Selected as Exclusive Golf Instruction Partner at The Birds Nest in New Hope, PA
  • Brain Drain Unlimited Foundation Achieves Candid Platinum Seal of Transparency
  • Jackets for Jobs Hosts Smart & Sexy® Day Detroit for Women's History Month
  • Tint Academy Training in Dallas Texas: Learn Window Tint & PPF Installation
  • $IBG accelerates toward transformative merger with BlockFuel as $6 million raise fuels dual-industry growth strategy: N A S D A Q: IBG
  • High-Growth Power Infrastructure Play Targets AI Boom: 1606 Corp. Executes Aggressive Texas Expansion Strategy: 1606 Corp. (Stock Symbol: CBDW) $CBDW
  • Accelerating the Transformation into a U.S. Nuclear Fuel Cycle Leader: Frontier Nuclear and Minerals Inc. (N A S D A Q: FNUC)
  • Ozz Metals Ltd Secures 1-Tonne Gold Offtake Agreement
  • Cultural Heritage Gallery Presents: Two Free Irish History Presentations Open to the Public
  • Jet Set: The Ultimate Coachella Afterparty
  • Heritage at Manalapan Introduces New Single-Family Home Community in One of Monmouth County's Most Desirable Locations

Popular on PennZone

  • Ice Melts. Infrastructure Fails. What Happens to Clean Water?
  • The Legal AI Showdown: Westlaw, Lexis, ChatGPT… or EvenSteven?
  • François Arnaud, star of Heated Rivalry, is the real-life inspiration behind Christopher Stoddard's novel At Night Only
  • New Book Warring From the Standpoint of the Throne Room Calls Believers to Pray From Victory
  • Postmortem Pathology Expands Independent Autopsy Services Across Colorado
  • Progressive Dental & The Closing Institute Partner with Zest Dental Solutions to Elevate Full-Arch Growth and Patient Outcomes
  • Platinum Car Audio LLC Focuses on Customer-Driven Vehicle Audio and Electronics Solutions
  • Mecpow M1: A Safe & Affordable Laser Engraver Built for Home DIY Beginners
  • Postmortem Pathology Expands Independent Autopsy Services in Kansas City
  • Cummings Graduate Institute for Behavioral Health Studies Honors New Doctor of Behavioral Health Graduates

Similar on PennZone

  • QuickTrack by Datalex Transforms Retail Promoter Management with Claude AI and Real-Time Insights
  • Evolve Construction Mobilizes Commercial Storm Response Across Illinois With AI-Powered Damage Documentation and Public Adjusters Partnership
  • The World's First Fully Regenerative Economy: Securing Energy, Food, and a Clean Planet
  • ENTOUCH Named Finalist for 2026 North American Inspiring Workplaces Awards
  • JGCMGS Details Architecture to Safeguard Assets From Unauthorized Phishing Scams
  • U.S. Government Contracts in Excess of 38 Million Secured Through Partner, Establishing Multi-Year Defense Revenue Platform Through 2032: $BLIS
  • Cat Hunt Simulator : Burrow & Pounce Lands on the App Store
  • Jackets for Jobs Hosts Smart & Sexy® Day Detroit for Women's History Month
  • $IBG accelerates toward transformative merger with BlockFuel as $6 million raise fuels dual-industry growth strategy: N A S D A Q: IBG
  • High-Growth Power Infrastructure Play Targets AI Boom: 1606 Corp. Executes Aggressive Texas Expansion Strategy: 1606 Corp. (Stock Symbol: CBDW) $CBDW
Copyright © The PennZone | Theme: OMag by LilyTurf Themes
  • Contribute
  • Privacy Policy
  • Terms of Service
  • Contact Us