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Based in Boston, Massachusetts, Almond FinTech provides blockchain-based funds transfer infrastructure that enables real-time, cross-border payments for financial institutions. The business-to-business platform leverages stablecoins, artificial intelligence, and big data analytics across 103 distinct blockchains and cryptocurrencies to facilitate fiat-to-fiat transfers. The technology company serves credit unions, community banks, and money transfer operators facilitating international remittances, focusing on complex emerging markets like Myanmar and broader Southeast Asia. Backed by lead investor Morningside Group, the enterprise has raised $7 million in total venture capital funding, including a $2 million seed round, to support a workforce of up to 50 employees. The firm achieved SOC 2 Type II certification in 2023 to validate its enterprise-grade data protection and security standards for institutional partners. Almond FinTech was founded in 2020 by Harvard University alumnus Adam Swartzbaugh and Yunus Sevimli.
Almond FinTech has raised $9.0M across 2 funding rounds.
Almond FinTech has raised $9.0M in total across 2 funding rounds.
Almond FinTech has raised $9.0M in total across 2 funding rounds.
Almond FinTech's investors include Morningside.
Almond FinTech has raised $9.0M across 2 funding rounds. Most recently, it raised $7.0M Other Equity in November 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 10, 2023 | $7M Venture Round | — | — | Announced |
| Dec 28, 2021 | $2M Seed | Morningside | — | Announced |
