WasabiCard Secures Pre-A Funding to Expand Global Payment Infrastructure

WasabiCard, a payment infrastructure platform that connects stablecoins with real-world financial applications, has completed its Series Pre-A funding round. The Singapore-based company raised nearly $10 million from investors including Vernal Capital, Avenir Group, Vision Plus Capital, and 01VC. This investment aims to bolster WasabiCard's global payment infrastructure and expand its stablecoin-powered card services.

Since its inception, WasabiCard has served over 500 enterprise clients worldwide, issued more than 500,000 cards, and processed transactions exceeding $1 billion. The company plans to enhance its enterprise payment product suite, including global card issuing and stablecoin-powered solutions.