Onramp Money Secures Seed Investment from FunFair Ventures to Revolutionise Blockchain Financial Services
- ByStartupStory | March 9, 2024
Onramp Money proudly announces a strategic seed investment from FunFair Ventures, the venture capital arm of Funfair Technologies Group. This investment marks a pivotal moment for Onramp Money’s mission to pioneer innovative financial solutions bridging traditional finance with the dynamic world of blockchain technology.
Lloyd Purser, Partner at FunFair Ventures, expressed excitement, stating, “We are thrilled to support Onramp Money. This strategic partnership aligns with our commitment to investing in and advising innovative companies with unique and scalable uses of blockchain technology.”
FunFair Ventures, known for its dedication to advancing the blockchain ecosystem, especially in gaming, shares common ground with Onramp.Money through its roots in Funfair Technologies. Funfair Technologies is recognized for redefining online gaming with one of the first commercial applications of layer 1 scaling technology through its decentralized gaming platform.
With a history of innovation and success in decentralized applications, FunFair Ventures brings expertise across various blockchain platforms like Ethereum, Polygon, Optimism, xDai, Solana, and ICP. The collaboration promises substantial benefits for Onramp Money, leveraging FunFair’s technical prowess, experience, and network.
Gaurav Dahake, Co-Founder of Onramp Money, highlighted the significance of the partnership: “By tapping into FunFair’s extensive technical expertise and vast network, we are poised to catapult our product development and market reach. This strategic alliance propels us toward our goal of delivering cutting-edge solutions to our customers across the globe.”
As Onramp Money pursues global expansion and operational scalability, the collaboration with FunFair Ventures becomes a cornerstone in achieving ambitious objectives. Together, both entities are set to make significant contributions to the growth and evolution of the blockchain industry, particularly in making financial services more inclusive and accessible through innovative technologies.
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