PYMNTS-MonitorEdge-May-2024

Circle Internet Raises $17 Million In Series B Funding

Digital currency company Circle Internet Financial says it has raised $17 million in funding from new investor Oak Investment Partners along with Breyer Capital, Accel Partners and General Catalyst Partners and others.

Digital currency company Circle Internet Financial says it has raised $17 million in funding from new investor Oak Investment Partners along with Breyer Capital, Accel Partners and General Catalyst Partners and others.

“We are thrilled to have such a strong showing of support and vote of confidence from world-class investors and strategic individuals as we move into the commercial phase of Circle,” reported Circle founder, chairman and chief executive officer Jeremy Allaire in a statement.

The company also announced the debut of its initial consumer product (also called Circle) in a limited release.

To learn more about Circle Internet Financial and its investment history, click here.

 

“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.

PYMNTS-MonitorEdge-May-2024