Fintech infrastructure for web3 startup Merge raises $9.5 million
UK-based startup Merge announced on Monday it has raised $9.5 million in seed funding in a round led by Octopus Ventures. Founded by former PayPal executive Kebbie Sebastian late last year, Merge aims to provide access to banking, payments, risk management and compliance to web3 companies via an application programming interface (API). APIs are software bridges that allow businesses to more simply access each others’ systems. “Our target customers are web3 companies that need to interface and collect funds in …