Airswift, a financial technology firm that was one of the first companies to develop Web 3.0 native payment solutions, recently made the announcement that it successfully completed a pre-seed investment round headed by CE Innovation Capital (CEiC) and raised $2 million USD.
The most recent financing comes at a time when the cryptocurrency market is experiencing a bearish trend and general uncertainty. It demonstrates that investors have faith in Airswift’s innovative business model and are upbeat about the prospects of payment solutions that will enable users to make transactions using digital assets in the future.
Airswift is developing an all-encompassing payment infrastructure that is fully compatible with Web 3.0, with blockchain technology serving as its foundation. This features an on-chain payment gateway that is simple to use and enables businesses to accept both cryptocurrency and fiat currencies. This enables purchases of digital assets to be made without the need for any additional friction.
It is anticipated that Airswift will release its first product by September 2022, making it one of the first full-stack payment gateway solutions that will enable digital assets to be accepted in a variety of locations throughout the world.
Dr. Yan Zhang, the current CEO of Airswift, is a successful entrepreneur who has worked in the fields of crypto, eCommerce, and Fintech. More than fifty patents connected to the technology have been gained by his team, giving them a full experience in blockchain research and development. Additionally, Airswift has substantial experience in payment gateway operations and has received positive regulatory approvals in the regions of North America, Southeast Asia, and Europe, respectively.