Oobit is a Singapore-based company that provides a mobile payment app enabling consumers to pay with cryptocurrencies while merchants receive fiat in near-real-time. Led by CEO Amram Adar, the platform offers a Tap & Pay experience that works anywhere Visa and Mastercard are accepted, reaching over 100 million retailers globally. The solution powers applications across digital-asset verticals, including in-game points and Web3 wallet connections, and performs numerous critical processes behind the scenes to ensure seamless transactions. Oobit raised US$25M in a Series A equity round led by Tether, CMCC Global’s Titan Fund, 468 Capital and Solana co‑founder Anatoly Yakovenko. The company intends to use the funds to expand operations, development efforts, and its business reach into LATAM, UAE, APAC, Canada and Australia beyond its primary EU and UK markets.

Total raised

$25M

Funding rounds

1

Latest round

Series A

Latest activity

Feb 2024