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Overview
Fonbnk Inc., at the forefront of fintech, uniquely combines mobile technology with Web3 innovation, transforming digital transactions in emerging markets. Beyond prepaid airtime, the company integrates various familiar mobile payment methods, broadening financial accessibility.
Fonbnk stands out by enabling frictionless, dollarized micropayments for digital goods and services, a boon for global merchants targeting hard-to-reach markets. Access to stablecoins across all major blockchain protocols positions Fonbnk as a gateway to the global digital economy.
The firm’s no-code and low-code dApps and APIs simplify Web3 integration for local developers, easing digital transactions for users. Leveraging over 8 billion prepaid SIM cards and diverse mobile payment systems, Fonbnk connects a vast network of users, retailers, and agents, making Web3 access a reality for anyone capable of mobile transactions. This approach not only drives digital finance growth but also significantly narrows the digital divide in emerging economies.
About
Web3, FinTech, Telecommunications, Wireless, Blockchain, Cryptocurrency
2021
11-50
Headquarters locations
United States, North America
Social
N/A
Profile Resume
Fonbnk headquartered in United States, North America, operates in the Web3, FinTech, Telecommunications, Wireless, Blockchain, Cryptocurrency sector. The company focuses on Web3 and has secured $260.6M in funding across 72 round(s). With a team of 11-50 employees, Fonbnk is actively contributing to advancements in Web3. Their latest funding round, Seed Round - Fonbnk, raised $Unknown amount. Discover more about their projects, partnerships, and impact on our platform.
Employees
N/A
Funding Rounds
3
1
0
$3.6M
Details
3
Fonbnk has raised a total of $3.6M in funding over 3 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2021 | Seed | 120.0K | ||
2022 | Seed | 3.5M | ||
2021 | Seed |
Investors
Fonbnk is funded by 31 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Fonbnk | - | FUNDING ROUND - Fonbnk | 3.5M |
Augusto Caceres | - | FUNDING ROUND - Augusto Caceres | 3.5M |
Fonbnk | - | FUNDING ROUND - Fonbnk | undefined |
Asymmetry Ventures | - | FUNDING ROUND - Asymmetry Ventures | undefined |
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