Singapore remittance company Wind completes $3.8 million financing, led by Global Founders Capital and Spartan Group
ChainCatcher news, Singapore remittance company Wind, based on the Polygon blockchain, announced the completion of a $3.8 million Pre-Seed funding round, led by Global Founders Capital and Spartan Group, with participation from Saison Capital, Alumni Ventures, and Tiny VC.
It is reported that Wind is a non-custodial wallet, meaning the company does not hold customer funds, allowing users to manage their own assets, with fees of less than 0.3% of the transaction value. Since its establishment in 2022, Wind's transaction volume has approached $3 million. In September, it also received a grant from the XRP Ledger accelerator program launched by Tenity and Ripple. In 2024, Wind will focus on stable user growth in existing markets while expanding its network. The company plans to increase the number of countries where customers can send and receive funds.