Zabo, a Dallas, TX-based fintech company which enables any financial services company to connect to their customers’ cryptocurrency wallets, raised $2.5m in funding.
The round was led by Moonshots Capital with participation from Blockchange Ventures, Castle Island Ventures, Digital Currency Group, CoinShares, Tezos Foundation, Capital Factory and others. The company intends to use the funds to expand its engineering and grow its customer base.
Led by Alex Treece, Co-Founder and President, and Christopher Brown, Co-Founder, Zabo provides an API for financial services companies to do a single integration to connect to the thousands of exchanges, wallets and cryptocurrencies required to power the next generation of financial products and services. The company’s tools are used in a variety of financial services applications, including personal financial management, investments, digital banking, tax software and decentralized finance (DeFi).