TRACE FINANCE ANNOUNCES $4.3M SEED INVESTMENT TO DISRUPT GLOBAL BANKING
Trace Finance, a Brazilian FinTech startup that enables faster and more streamlined cross-border banking for startups, has announced a $4.3 million seed funding round. The investment was led by HOF Capital (investors in Dapper Labs, Terra, Flutterwave, and SpaceX) with participation from Circle Ventures (the company behind USDC – a leading USD-pegged stablecoin with a $50 billion fully diluted market cap), The Chainsmokers (via their fund Mantis VC), and others. Seed funds will be used to expand the company’s seamless global banking solution for startups, beginning with the US and Brazil.
