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Fri, Sep 11, 2020 3:26 PM by Coinfomania

XanPool Raises $4.3M in Pre-A Funding Series Led by Blockchain Firm OK Group

Following a pre-A funding series led by blockchain technology and service provider OK Group, HongKong-based fintech startup XanPool, announced today that it has raised $4.3million for infrastructural expansion. Other investors in the round are Hashkey and Gumi Cryptos. XanPool is developing a C2C payment solution that allows instant processing of traditional payments and cryptocurrencies without custodial risks such as high-end exit scams associated with centralized exchanges. At the time of writing, XanPool has a userbase of over 75,000, across 8 South East Asian countries. With the new capital, the fintech startup hopes to expand its payment infrastructure into the eastern

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