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Squads Labs

Series B

Squads Labs is a fintech and crypto infrastructure company building stablecoin-based financial products, APIs, and secure asset management tools. The company develops open, programmable financial tools that enable businesses, individuals, and developers to leverage the benefits of modern money and internet capital markets. Its product portfolio includes Altitude, a global business account for saving, earning, and…

High Tech · Blockchain Infrastructure, · British Virgin Islands · EST 2021

About

Squads Labs is a fintech and crypto infrastructure company building stablecoin-based financial products, APIs, and secure asset management tools. The company develops open, programmable financial tools that enable businesses, individuals, and developers to leverage the benefits of modern money and internet capital markets. Its product portfolio includes Altitude, a global business account for saving, earning, and moving money; Fuse, a personal finance app for stablecoins and tokenized assets; Grid, a stablecoin API for accounts, payments, cards, and yield; and Squads Multisig, a multisig platform for securing and managing Solana assets. Squads Labs builds on open infrastructure to deliver better financial services without legacy banking constraints. Founded in 2021 and headquartered in the British Virgin Islands, Squads Labs has raised approximately $42.9 million in Series B funding from investors including Solana Ventures, Coinbase, Haun Ventures, Electric Capital, Placeholder, Jump Crypto, and RockawayX.

Business model

Blockchain Infrastructure > Blockchain Network > Finance > Payments > Stablecoins,

Cryptocurrencies > Financial Services > Finance & Accounting > Treasury Management

Institutional investors

Solana VenturesCoinbaseHaun VenturesL1DCollab+CurrencyElectric CapitalPlaceholderJump CryptoRobvcRockawayXCoinbase-ventures.comMulticoin CapitalJump CapitalDelphiVolt Capital

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