Press release
RELEASE IN PRESS. Vancouver, August 8, 2022 – Airswift, a fintech startup pioneering Web 3.0 native payment solutions, announced that it raised $2 million USD in a pre-seed funding round led by CE Innovation Capital (CEiC).
This latest funding came amid uncertainty and bearish sentiment around cryptocurrency. It indicates that investors are confident about Airswift’s unique model, and optimistic about the future of payment solutions that power the use of digital assets.
Airswift’s core technology is blockchain. It is developing a Web 3.0-friendly payment infrastructure. It includes an on-chain payment gateway, which allows merchants to accept crypto as well as fiat currencies. This facilitates frictionless transactions with digital assets. Airswift expects to release its first product by September 2022. It will be one of the world’s leading full-stack gateways that allows digital asset acceptance.
“The raise from CEiC shows that investors are confident in our unique strengths in blockchain R&D, payment gateway operations, regulatory compliance, among other factors”, said Dr. Yan Zhang, Co-founder and CEO of Airswift. “The current challenge associated with enabling crypto payments lies with both technical areas and fund aggregation. Airswift is committed to solving these issues with a decentralized payment gateway that protects user privacy and supports a liquidity pool model powered by block-chain technology.”
CEiC is a Fintech-focused global investment firm that believes in blockchain-enabled payment solutions as a revolutionary technological innovation. This could lead to a shift in financial services worldwide. Fintech investors stress that this market is still in its early stages and has huge growth potential. In 2021, the global volume of blockchain enabled payments reached $15-16bn USD, presenting only a small fraction of that year’s entire global digital payment volume of $7.5 trillion USD. The investor values Airswift’s unique advantages in its established and forward-looking CeFi and DeFi solutions and its team’s rich experience, business acumen and prudent regulatory mindset towards the payments and blockchain industries. CEiC is thrilled to work with Airswift in creating new digital payment solutions which could change the trillion-dollar global market for payments.
Airswift was founded by Dr. Yan Zhang. He is a successful entrepreneur who has worked in the areas of crypto, eCommerce, Fintech, and more. His team brings comprehensive expertise in blockchain R&D, having obtained more than fifty patents related to the technology. Airswift is also an expert in the operation of payment gateways, having received strong regulatory approvals in North America and SEA.
Information about Airswift
Airswift provides crypto payments solutions for consumers and businesses worldwide. The company offers a native web 3.0 omnichannel payment portal, crypto-funded prepaid cards and on/off ramp services to connect consumers with businesses. Airswift has a reputation for being a pioneer in blockchain technology. It boasts extensive experience with global digital payments as well as enterprise Web 3.0 financial infrastructure. Airswift, a Canadian company based in Vancouver Canada was launched in 2022 and has been supported by prominent industry investors. Please visit www.airswift.com to find out more. https://airswift.io.
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