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Events / Business / WasabiCard closes Pre-A funding round
Business funding round

WasabiCard closes Pre-A funding round

Analysis based on 13 articles · First reported Jun 03, 2026 · Last updated Jun 03, 2026

Sentiment
70
Attention
4
Articles
13
Market Impact
Direct
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Market Impact

The successful funding round for WasabiCard signals strong investor confidence in the stablecoin-powered payment infrastructure sector, potentially boosting investor interest in similar fintech companies. This development could lead to increased adoption of blockchain-based payment solutions, impacting traditional financial services and payment processing markets. The expansion of WasabiCard's services, including global card issuing and payout capabilities, suggests a growing market for efficient cross-border payments, which could attract more capital to the digital asset and fintech industries.

Financial Services Blockchain Fintech
Event Summary

WasabiCard, a global payment infrastructure platform, has successfully completed its Series Pre-A funding round, raising nearly US$10 million from investors including Capita, Avenir Group, Vision Plus Capital, and 01VC. This funding will be utilized to enhance WasabiCard's global payment infrastructure, expand its stablecoin-powered card and payout capabilities, accelerate international growth, and support ongoing product development and compliance efforts. Since its launch, WasabiCard has served over 500 enterprise clients globally, issued more than 500,000 cards, and processed over US$1 billion in cumulative transaction volume. The company plans to further develop its enterprise payment product suite, including solutions for AI Agent payments and programmable payment workflows. WasabiCard has also expanded its multi-chain payment infrastructure through integrations with blockchain ecosystems like Avalanche, Arbitrum, and BNB Chain, and joined the Circle Alliance Program to promote stablecoin payment adoption. Key figures like Ray Yang, Jacob Zhong, and Du Jun highlighted the growing importance of stablecoins and internet-native financial infrastructure in the future of global payments.

Key Actions
100 WasabiCard completed funding round
80 Capita invested in WasabiCard
80 Avenir Group invested in WasabiCard
40 Vision Plus Capital invested in WasabiCard
40 01VC invested in WasabiCard
30 WasabiCard joined program Circle Internet Group
Entities Involved
oth
WasabiCard
WasabiCard completed its Series Pre-A funding round, raising nearly US$10 million, which will be used to strengthen its global payment infrastructure, expand capabilities, and accelerate international growth. This funding validates its business model and enhances its ability to scale.
Importance 100 Sentiment 75
stock
Capita
Capita participated in WasabiCard's Series Pre-A funding round, investing in a company that aligns with its focus on AI, blockchain, and next-generation digital infrastructure. This investment strengthens its portfolio in the fintech sector.
Importance 80 Sentiment 60
priv
Avenir Group
Avenir Group invested in WasabiCard's Series Pre-A funding round, supporting a company that bridges digital assets with real-world commercial use cases. This investment aligns with Avenir Group's strategy of integrating traditional finance and digital assets.
Importance 80 Sentiment 60
per
Ray Yang
Ray Yang, co-founder at WasabiCard, commented on the funding, highlighting the company's vision for the future of payments. His leadership is crucial for WasabiCard's strategic direction and growth.
Importance 70 Sentiment 60
per
Jacob Zhong
Jacob Zhong, Managing Partner for Strategic Investment & Partnerships at Avenir Group, expressed confidence in WasabiCard's execution capabilities and its position in global payment innovation. His statement underscores Avenir Group's strategic interest in the company.
Importance 60 Sentiment 60
per
Du Jun
Du Jun, Founder of Capita, emphasized the evolving role of stablecoins as foundational infrastructure for global value transfer. His perspective supports Capita's investment in WasabiCard.
Importance 60 Sentiment 60
priv
Vision Plus Capital
Vision Plus Capital participated in WasabiCard's Series Pre-A funding round, contributing to the nearly US$10 million raised. This investment supports the growth of a global payment infrastructure platform.
Importance 40 Sentiment 50
oth
01VC
01VC invested in WasabiCard's Series Pre-A funding round, helping the company secure nearly US$10 million in funding. This contributes to WasabiCard's expansion and product development.
Importance 40 Sentiment 50
crypto
Avalanche
WasabiCard has expanded its multi-chain payment infrastructure through integrations with blockchain ecosystems including Avalanche, enhancing its capabilities and reach.
Importance 10 Sentiment 20
crypto
Arbitrum
WasabiCard has expanded its multi-chain payment infrastructure through integrations with blockchain ecosystems including Arbitrum, enhancing its capabilities and reach.
Importance 10 Sentiment 20
priv
Circle Internet Group
WasabiCard recently joined the Circle Alliance Program to support broader stablecoin payment adoption globally, indicating a strategic partnership to enhance its offerings.
Importance 10 Sentiment 20
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