Alchemy Pay: Secures $10 million funding at a $400 million valuation through partnership with DWF Labs
- Alchemy Pay partners with DWF Labs to expand its payment business in Korea
- The partnership secured $10 million in funding, with its valuation at $400 million during the funding phase
- It has partnerships with mainstream and local payment channels, including mobile payment platforms
- The company’s reach extends beyond traditional credit cards into local mobile wallet options, covering Europe
- It has introduced its innovative NFT Checkout service, allowing customers to acquire NFTs using fiat payment options
- The Korean market presents a promising opportunity with the partnership aiming to establish a solid foothold