Tagged: sean li

Web3: PayPal Ventures Leads $52M Round for Magic, a Non-Custodial Wallet-as-a-Service

June 1, 2023 @ 6:38 pm By Omar Faridi |

Non-custodial wallet-as-a-service (WaaS) provider and web3 onboarding solution to expand its enterprise-ready product suite to support growing customer base. Magic, which claims to be the leading wallet-as-a-service (WaaS) provider, has announced it has raised $52 million in a strategic funding round led by PayPal Ventures,… Read More

Read more in: Fintech, Blockchain & Digital Assets, General News, Global | Tagged alan du, investment round, kx, magic, northzone, PayPal Ventures, sean li, synchrony, volt capital

UX focused Ethereum Startup Formatic from San Francisco Secures $4 Million in Seed Funding from AngelList’s Naval Ravikant, Placeholder, Others

May 30, 2020 @ 4:50 pm By Omar Faridi |

Fortmatic, a company that aims to improve the user experience, or UX, (which can be poor with digital asset wallets) by allowing users to access their Ethereum (ETH) funds from their app, has secured $4 million in seed funding. The firm’s app aims to allow users… Read More

Read more in: Blockchain & Digital Assets, Global | Tagged angellist, eth, ether, ethereum, investment round, naval ravikant, placeholder, san francisco, sean li, social capital, uniswap, united states, us, user authentication, user identity