Crypto Banking Startup Dakota Raises $12.5M for Global Stablecoin Push

Crypto Banking Startup Dakota Raises $12.5M for Global Stablecoin Push

The startup, which lets businesses send and receive U.S. dollars globally via stablecoin rails, is expanding to over 100 countries with the funding.

Dakota Raises $12.5M in a Series A fuding round led by CoinFund to Bring Banking into the Internet Age

/PRNewswire/ -- Dakota, the crypto-integrated business banking platform, today announced it has raised $12.5 million in a Series A funding round led by...

Amaze Launches Crypto Payment Strategy to Accelerate Global Creator Monetization

Strategic partnership targets stablecoin integration, digital asset treasury solutions, and next-gen monetization for global creator economy

Ex-Coinbase exec raises $12.5 million for Dakota, a stablecoin-powered neobank

Crypto and banking are drawing ever closer. Big banks like JPMorgan and Citi are exploring digital asset integrations, and big crypto companies like Circle and Ripple are applying for bank charters. Dakota, a neobank cofounded by a former Coinbase executive, aims to combine both corners of finance—and investors are betting it’ll succeed. On Tuesday, the startup announced that it had raised $12.5 million in a Series A led by the crypto venture fi…

Dakota Raises $12.5M Series A to Bring Banking into the Internet Age

Dakota Funding has raised $12.5 million in Series A funding to help it realise its goal of changing how banks work in the Internet Age. Dakota wants to help banks adapt to digital demands faster by giving them tools that are easy to use and can grow with their needs. This Dakota Series A Funding round shows that strong investor confidence in fintech solutions that put simplicity, speed, and user experience first. Dakota, the crypto-integrated bu…

CoinFund Leads $12.5M Series A for Crypto Business Banking Platform Dakota

Quick take: Dakota plans to use the fresh capital to accelerate its “mission to build the world’s first globally accessible business bank account.” The stablecoin-powered platform, founded by veterans from Coinbase, Square, and Airbnb, wants to change how businesses move and store money across borders. Dakota allows businesses to hold and transfer funds across USD or stablecoins while accessing familiar payment rails, such as ACH, Fedwire, SWIF…