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1Money

Seed

1Money operates a stablecoin payments network built on a Deterministic Byzantine Fault Tolerant (DBFT) architecture designed exclusively for stablecoin transactions. The network processes payments immediately without blockchain delays and includes built-in compliance features for automated sanctions blocking and AML standards. Founded in 2024 and headquartered in Bermuda, 1Money has raised $20M in Seed funding from…

FinTech · Cryptocurrencies, · Bermuda · EST 2024

About

1Money operates a stablecoin payments network built on a Deterministic Byzantine Fault Tolerant (DBFT) architecture designed exclusively for stablecoin transactions. The network processes payments immediately without blockchain delays and includes built-in compliance features for automated sanctions blocking and AML standards. Founded in 2024 and headquartered in Bermuda, 1Money has raised $20M in Seed funding from a prominent investor group including F-Prime Capital, Galaxy, Hack VC, Tribe Capital, and Kraken Ventures. The platform's architecture prioritizes security and regulatory compliance while enabling instant, low-cost stablecoin transfers, positioning it as purpose-built infrastructure for the growing stablecoin economy and digital payment ecosystem. The network supports multiple stablecoin issuers and provides the throughput necessary for high-volume payment processing at global scale.

Business model

Cryptocurrencies > Coins > Stable Coins

Team background

Company Wise > Uber

Institutional investors

F-Prime CapitalGalaxyHack VCTribe CapitalPortageEthereal VenturesCMT DigitalKrakenventuresKuCoinBitGoBing VenturesMoonPayCoinFlipBankless VenturesPerry Creek Capital

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