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BoomFi

A next-generation payments company

  • Jack Tang, CEO
  • London, UK
  • June 2023
  • Current
  • Seed

The Investment

BoomFi is a next-generation payments company that helps merchants accept cryptocurrency for any pricing model in minutes.

With crypto’s benefits of lower fees, instant settlement, and reduced fraud rates, demand for robust, user-friendly crypto payment solutions is surging. Yet, payment technology supporting this new currency has not taken off. The success of day-to-day payments in crypto will require not just the evident demand from consumers, but also the willingness and ability to accept cryptocurrencies from merchants.

The team behind BoomFi are erasing the complexities traditionally associated with accepting as a method of customer payment for both web3-native companies and traditional merchants.

Why We Invested

Streamlining crypto payments: why we invested in BoomFi

Sep Alavi

We’re proud to announce BoomFi’s $3.8m seed funding round led by White Star Capital. BoomFi is a next-generation payments company that helps merchants accept multi-chain crypto payments for any pricing model in minutes.

Read the post

In the News

BoomFi raises $3.8 million to make its next-generation payments solution common place

BoomFi, a next-generation payments company, has announced an oversubscribed seed funding round of $3.8 million led by White Star Capital. The team will use the capital to transform crypto and digital currency payments for web3, SaaS, eCommerce, creators, marketplaces and traditional web 2 merchants.

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