🇻🇪-🇺🇸 Kontigo raises a US$20 million Seed round

Venezuelan-U.S. Crypto fintech Kontigo has raised a US$20 million seed round at a US100 million valuation.

The capital will serve to scale its stablecoin native neobank, which is already generating US$30 million in annualized revenue, processing US$1 billion in payment volume and serving more than 1 million users in under a year.

The platform offers a full suite of blockchain based financial services, including USDC yield, stablecoin cards with Bitcoin rewards, credit lines, tokenized equities and global accounts for individuals and businesses worldwide.

By running entirely on blockchain infrastructure, Kontigo enables instant cross border payments without country by country banking licenses, positioning itself as a highly scalable alternative to other neobanks.