FinTechFunding

Soul Wallet: Raises $3M in Seed Funding

Soul Wallet Raises $3M in Seed Funding

  • Soul Wallet, a Santa Monica, CA-based startup building an online, self-custodial Ethereum wallet, raised $3.1m in seed funding
  • Backers included Struck Crypto, Game7DAO, NGC Ventures, Dispersion Capital, Alchemy, Ankr and Signum Capital
  • The company intends to use the funds to expand operations and its development efforts
  • SoulWallet is building a wallet built on top of the ERC-4337 standard, which is designed to allow verification to be performed by smart contracts
  • The company is currently advancing the wallet internally with plans to launch it in Q3 or Q4
  • The team has a distributed team across the U.S., Japan, Thailand and China
Previous article
Nimble: Raises $65M in Series B Funding
Next article
TTV Capital: Closes Fund VI, at $250M
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FinTech

Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations.Highlights: Italy fines Revolut €1.15 million for regulatory breaches.The...
FinTech

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after...
FinTech

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services.Highlights: Cross River Bank has raised $50 million in...
FinTech

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...