Flashwire Group has completed a $10 million Series A financing and launched multiple innovative products.

Flashwire Group, an innovative financial group, announced today that it has completed a Series A financing of $10 million earlier this year and will officially launch several new financial products for the Web3 industry during the upcoming Token2049 Singapore conference.

This round of financing has attracted well-known institutions from various fields in the encryption industry, including: Legend Trading, Cobo, GATE.io, VeChain, CyberX, SuperChain Capital, etc. The business of Flashwire's investors covers multiple fields such as traditional banking, blockchain underlying technology, cryptocurrency trading, liquidity, asset custody, and investment. They have all expressed strong recognition for Flashwire's revolutionary technology and business model.

Since this round of financing, Flashwire has been committed to designing and implementing its unique and leading financial service solutions. Flashwire's core products include: encrypted digital bank (Flashwire.com), encrypted currency VISA debit card Stella Pay (Stellapay.io), and encrypted currency lending platform Anxin Finance (Anxin.finance).

· Flashwire is friendly to Web3 institutions and supports over ten mainstream fiat currencies, including USD, EUR, GBP, and more.

· Stella Pay is a VISA debit card that supports cryptocurrency deposits and can be used to make purchases at over 40 million VISA merchants worldwide.

· Anxin Financial is a leading pledge lending platform in the industry, only open to institutional clients. Anxin has independently developed compliance risk control and liquidity management systems, deployed the most advanced offline and MPC custody wallets, and adopted uninterrupted automation monitoring. Anxin has extremely strict internal control mechanisms and does not participate in any secondary market transactions or third-party wealth management, ensuring zero risk for user assets and lending business.

Every product of Flashwire is dedicated to solving industry pain points and bringing practical value to users. The underlying business of Flashwire Group integrates multiple world-leading traditional financial services such as banks and credit cards, as well as native transaction service providers in the encryption industry (such as Legend Trading) and custody service providers (such as Cobo). By connecting traditional financial services, cryptocurrency liquidity, and advanced zero-risk asset custody solutions, it forms a product matrix that serves both institutions and individual customers, and will gradually evolve into a unique ecosystem. Its electronic banking and debit card products will be upgraded to an open platform in the future, allowing other FinTech companies to customize and use them freely. 

This successful financing is a milestone for Flashwire's development," said Hao Chen, CEO of Flashwire. "Flashwire is a technology-driven startup that is committed to achieving a solid compliance framework, reliable IT infrastructure, and practical products with a good user experience. Flashwire recently announced its financing information because several new products have been launched and are available, and we hope to attract the attention of industry partners and initiate cooperation. This financing not only provides us with the financial resources needed for innovation and growth, but also confirms our performance and demonstrates the market's confidence in our delivery capabilities. We are excited about the future and will continue to drive positive change in the industry.

Flashwire Group team is composed of experienced bankers, compliance experts, software engineers, financial advisors, lawyers, and digital asset traders. The team has a deep understanding of blockchain technology and cryptocurrency, as well as years of experience in traditional banking and finance. The team has a global perspective and has established multiple financial licenses applicable to different businesses, including trading, payment, and custody, and has established local compliance and business teams. Flashwire is committed to building internal compliance and risk management systems to meet increasingly stringent global financial regulatory requirements.

Flashwire will continue to actively expand its business scope, strengthen its world-class team, enhance its research and development capabilities, continuously innovate, lead the industry trend, and provide unique services to customers.

About Flashwire

Flashwire is an innovative financial group dedicated to bridging the gap between traditional finance and the WEB3 industry. With its unique series of services, Flashwire envisions and strives to create a future financial world that is more closely connected and easier to operate. Flashwire's core products include crypto-friendly digital banking (Flashwire.com), cryptocurrency debit card Stella Pay (stellapay.io), and cryptocurrency lending platform Anxin Finance (Anxin.finance). For more information, please visit www.flashwire.com.

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