Kun, a trusted global digital payment service provider, has completed a multi-million dollar seed round of financing, led by BAI Capital, with investments from Hashkey Capital (GSR Ventures) and Hash Global.
Kun is an innovative fintech company positioned as a one-stop digital payment service for Web2 and Web3. Based in Hong Kong, Singapore, the Middle East, and the EU, with payment licenses and crypto-compliance systems, the company focuses on providing customized digital payment solutions for cross-border trade, overseas services, and Web3 industry enterprises and high-net-worth individuals. The company's business covers emerging markets in Asia, Latin America, and Africa, committed to building a trusted global digital payment network.
Kun, by building and operating a compliant bridge between stablecoins and fiat currencies, solves the challenges of cross-border payments: low efficiency, high costs, and cumbersome processes. With its efficient, compliant, and secure digital payment solutions, Kun becomes an effective supplement to the SWIFT system.
William, a partner at BAI Capital, said: "We are pleased to support Kun's vision of building a new generation of global digital payment networks. Financial services must be rooted in the real economy, and the Kun team has forward-looking market insights, excellent operational efficiency, and end-to-end solution capabilities, showing great potential in the rapidly developing digital payment track."
Jefferson, a partner at GSR Ventures, emphasized: "The Kun team has decades of experience in the payment industry and has always insisted on investing in compliance, risk control, and security systems, establishing market trust and customer reputation, and achieving remarkable growth. We are very optimistic about Kun's sustainable development."
KK, the founder of Hash Global, introduced: "Kun is an important part of our investment layout in the 'Web3 business applications and infrastructure' field. With its efficient, secure, and compliant Web2+Web3 one-stop fund processing capabilities, Kun provides convenient payment solutions for Web3 business applications in our ecosystem and promotes on-chain data circulation and value realization."
"The original intention of founding Kun is to serve the unmet needs in cross-border payments and optimize the efficiency of global capital flow. Stablecoins and blockchain are the best infrastructure for the new digital payment system. We will provide the optimal solution for Web2+Web3 payments through application innovation and scenario-based solutions, becoming an effective supplement to the SWIFT and traditional banking systems," said Liu Jialiang, the founder and CEO of Kun.
"Customer value has always been the core goal of Kun in building a global digital payment network. We will persist in continuous investment in licenses, risk control, and security systems, utilize stablecoins and blockchain technology to optimize the efficiency of cross-border payments in emerging markets, and facilitate the convenient and compliant circulation of global capital, truly empowering the real economy."
