According to Techub News, the mixed payment platform Rise Labs has completed a $6.3 million Series A financing round, led by Draper Associates and co-led by Polymorphic Capital, with participation from DCG, JAM Fund, Ryze Labs, and Paradigm Shift Capital. After this round of financing, its total financing has reached $10 million.
According to the introduction, Rise Labs mainly develops a hybrid payment infrastructure that integrates fiat, stablecoins, and cryptocurrencies. Currently, Rise has more than 150 clients and over 100,000 contractors, with its client base including traditional enterprises, Web3 companies, as well as DAOs, protocols, and platforms.
