Verda Ventures
Verda Ventures is a venture fund focused on backing blockchain-enabled companies contributing to the evolution of global financial infrastructure (including remittances, payments, banking, borrowing, and saving use cases).
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Tether Leads $3 Million Seed Funding Round for Colombian Fintech Plenti
According to Crypto Briefing, Colombian fintech company Plenti has completed a $3 million seed funding round led by Tether, with participation from Verda Ventures. Plenti plans to use the funds to expand its operations in Colombia and enter the markets of Peru and Bolivia.
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Latin American payments app El Dorado closes $9 million Series A round, led by Paradigm
According to The Block, Paradigm has led a $9 million Series A funding round for El Dorado, a Latin American cross-border payment application, with participation from Coinbase Ventures and Verda Ventures.
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Latin American cross-border payment app El Dorado completes $9 million Series A funding, led by Paradigm
: Latin American cross-border payment app El Dorado has completed a $9 million Series A funding round, led by venture capital firm Paradigm, with participation from Coinbase Ventures and Verda Ventures. The company stated that its current key growth paths include "non-mainstream payment corridors" such as Brazil and Bolivia. It is already operating in 12 countries, covering markets including Argentina, Brazil, and Colombia, with over 100,000 active users and 5 million processed transactions.Additionally, El Dorado has launched a cross-border payment product for enterprises, incorporating multi-signature and multi-organization architecture, and integrating stablecoin and fiat channels. It operates on a Layer 1 network supported by Tempo, primarily serving real trade scenarios such as electric vehicle imports. (The Block)
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