Neomoon, a Miami, FL-based digital bank based on stablecoin which offers Latin Americans financial solutions to protect their money from devaluation and facilitate daily transactions, closed its $850k seed funding.
The round was led by Borderless Capital with participation from Big Brain Holdings, Algorand INC, Algorand Foundation, Meld Venture, Optio Capital, and Algorand Miami Accelerator.
The company intends to use the funds to scale its solutions in the coming months.
Led by Fedor Saldivia, CEO and founder, Neomoon is a digital bank in US dollars, aimed at offering solutions to all Latin Americans who want to protect their money from devaluation, offering the possibility of making day to day transactions.
The company strategically entered the market in April of this year, has attracted and kept an average of 570 new daily users and more than 50,000+ registered users to date, attributed to organic growth, word of mouth, and the community that has been built around Saldivia’s IG following @elgordocircuito.
FinSMEs
30/06/2022