Onramper, a company aiming to provide crypto-enabled applications with an easy-to-use fiat onramp, has inked $6m from a seed funding round.
The funding round was led by EQT Ventures and saw participation from Backed VC and TRGC.
Founded in 2019, Amsterdam-based Onramper supports all currencies and payment methods in the fiat gateways aggregated within the platform. The gateways can be accessed through one widget, which is free to use and easy to integrate.
Web 3.0 firms are able to build their own flow through Onramper’s API, with companies and users able to get instant access to over 150 cryptocurrencies across over 180 countries and 20 payment methods through Onramper’s infrastructure.
Users of Onramper’s platform can purchase crypto without leaving a firm’s app or website with businesses able to monetise every transaction.
According to Onramper, the new funding will be used to accelerate the product roadmap and quadruple headcount over the next six months.
Onramper CEO Thijs Maas said, “To unlock all the benefits of cryptocurrency and Web 3.0 and empower people with access to the future of finance globally, we need to evolve beyond the common binary view that pits fiat vs. crypto. Instead, it’s time for a new paradigm that sees the two as core components of a single financial world. To accomplish this, we must create new infrastructure that inherently links both worlds seamlessly. This core to Onramper’s mission to help build and access the decentralised world, making the transition to a truly open financial future as frictionless as possible. But onramping is about more than just making fiat-to-crypto infrastructure. It’s about onboarding any user onto Web 3.0, eventually, without them even noticing.
“The EQT Ventures team inspired us from day one with their entrepreneurial mindset and crypto expertise; today, it is a privilege to announce this new funding milestone, which cements our shared vision — accelerating Onramper’s global growth ambitions.”
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