Walapay raises $4.6m seed for cross-border payment infrastructure
Walapay connects stablecoin and fiat rails for cross-border payments.
Walapay raised $4.6 million in seed funding, with participants including Commerce VC and Polygon.
The company reports $2.5 billion in annualised payment volume. Its API combines account issuance, currency exchange, international payouts and repatriation, and the financing supports expansion of that payments infrastructure.