Pelo provides Web3.0 payment solutions for application developers, including Web3 wallets, Layer‑1 networks, stablecoins, and developer APIs. The company aims to let application users experience Web3.0 without awareness of the underlying blockchain. Pelo has completed an Alpha version; its Alpha phase includes developer APIs and a Layer1 underlying network. Multiple developers are already participating in testing. The company positions its product to lower the technical threshold for traditional users as crypto industry compliance improves. Pelo is headquartered in Singapore and announced a completed $2 million seed round in May 2023.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

May 2023