Peak XV and HongShan, the Indian and Chinese investment firms that split from powerhouse Sequoia last year, have co-led a $10 million seed investment in KAST operates a dollar-denominated neobank-like platform in 150 countries, allowing customers to hold and spend stablecoins.

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HongShan, Peak XV back stablecoin-powered neobank KAST

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Cayman Islands, George Town, December 12th, 2024, Chainwire  KAST, a financial technology platform built on stablecoins to deliver a neobank-style experience, has raised US$10 million in seed funding. The round is led by HSG (HongShan Capital Group) and Peak XV Partners. A number of high-profile angels, partners of DST Global, and Goodwater Capital also joined the round. “For most countries and over half of global GDP, banking does not match the…

Finbold

KAST Secures US$10 Million Seed Round Led By HSG (HongShan Capital Group) and Peak XV Partners

KAST, an innovative fintech platform that leverages stablecoins to provide a neobank-style experience, has successfully secured US$10 million in seed funding. The funding round was spearheaded by HSG (HongShan Capital Group) and Peak XV Partners. A selection of prominent angel investors and partners from DST Global and Goodwater Capital participated in the round. “For most countries and over half of global GDP, banking does not match the opennes…

ZyCrypto

KAST Secures $10M Seed Round Led By HongShan Capital Group and Peak XV Partners

KAST, a financial technology platform built on stablecoins to deliver a neobank-style experience, has raised US$10 million in seed funding. The round is led by HSG (HongShan Capital Group) and Peak XV Partners.

Bitcoin Insider

Cayman Islands, George Town, 12th December 2024, Chainwire

Coincu

Cayman Islands, George Town, December 12th, 2024, Chainwire KAST, a financial technology platform built on stablecoins to deliver a neobank-style experience, has raised US$10 million in seed funding. The round is led by HSG (HongShan Capital Group) and Peak XV Partners. A number of high-profile angels, partners of DST Global, and Goodwater Capital also joined […]

CryptoGlobe

Cayman Islands, George Town, 12th December 2024, Chainwire The post KAST Secures US$10 Million Seed Round Led By HSG (HongShan Capital Group) and Peak XV Partners first appeared on Tech Startups.

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KAST Secures US$10 Million Seed Round Led By HSG (HongShan Capital Group) and Peak XV Partners - Tech Startups

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KAST Secures US$10 Million Seed Round Led By HSG (HongShan Capital Group) and Peak XV Partners - BlockTelegraph

KAST, a fintech platform focused on stablecoins, has raised US$10 million in a seed funding round led by HSG (HongShan Capital Group) and Peak XV Partners. The round also saw participation from angel investors and partners of DST Global and Goodwater Capital. The funding will support KAST’s initiatives in product development, licensing, international expansion, and hiring. The company reported that it has closed the round at a “significant but u…

HongShan, Peak XV back stablecoin-powered neobank KAST

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