05 Feb 202416:55
Project update
![Oobit (OBT) has closed a $25 million Series A Funding Round](/_next/image?url=https%3A%2F%2Fcryptodiffer-image-bucket-production.s3.amazonaws.com%2F896fc251-f36f-45f3-9c71-2170856eaebf%2Fimage.png&w=3840&q=100)
Oobit (OBT) has closed a $25 million Series A Funding Round
The funding round of a mobile payments app was led by Tether, with the participation of CMCC Global, 468 Capital and Anatoly Yakovenko, a co-founder of Solana Labs. Oobit app allows its users to pay for purchases using crypto, while merchants receive fiat.
Source