ChainCatcher news, according to Bloomberg, cryptocurrency payment card company CryptoSpend is seeking to raise A$5 million (approximately US$3.5 million) in a Series A funding round at a valuation of A$30-50 million.It is reported that CryptoSpend is Australia's first digital asset payment service company to issue a crypto Visa card, and its revenue has grown sixfold since the second quarter of 2022. The valuation for this funding round has also increased by about four times compared to previous valuations. The company plans to use the new funds to expand its business and market. (source link)

ChainCatcher news, according to Bloomberg, Australian digital asset payment service startup CryptoSpend is seeking to complete a Series A funding round of AUD 5 million (approximately USD 3.5 million) at a valuation of AUD 45 million (approximately USD 31.25 million) within the next two months. Co-founder Richard Voice stated that the goal of this funding round is to increase the company's valuation by about four times and plans to launch in New Zealand this year.It is reported that CryptoSpend launched the first Australian local crypto Visa card at the end of 2021, allowing users to use cryptocurrency. The company stated that since the second quarter of last year, revenue has increased sixfold, and the current customer base is approximately 17,000 people. (source link)