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 <p class="is-style-lead">Crypto payment provider Triple-A has raised $10 million in a Series A <a rel="noopener noreferrer nofollow" title="funding" href="https://thebittimes.com/tag/funding.html">funding</a> round led by Peak XV (former Sequoia India and Southeast Asia) and Shorooq Partners.</p>
 <p>The investments come just a year after Triple-A raised $4 million from Razer’s venture arm zVentures.</p>
 <p>According to a report by TechCrunch, the Singapore-based firm has also attracted capital from undisclosed existing investors. This brings its total raised volume to $14 million just a year after the firm raised $4 million from Razer’s venture arm zVentures.</p>
 <p>With the proceeds, Triple-A is planning to expand its offerings in the Middle East, North America, and South America, as well as listing new tokens. As per TechCrunch, Triple-A currently has over 70 employees with offices in Miami, Hong Kong, Paris, and Barcelona.</p>
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 <h2 class="wp-block-heading" id="triple-a-s-funding-rounds">Triple-A’s funding rounds</h2>
 <p>Founded in 2017 by Eric Barbier, Triple-A is offering crypto payment services to e-commerce merchants, retailers, game providers, and marketplaces in a bid to boost the adoption of cryptocurrencies. Before Triple-A, Barbier founded Thunes, a $900 million valued cross-border payments platform.</p>
 <p>The <a rel="noopener noreferrer nofollow" title="funding" href="https://thebittimes.com/tag/funding.html">funding</a> comes a few months after Triple-A published a research report showing the growing adoption of cryptocurrencies&nbsp;around the world, with over 420 million crypto investors as of June 2023.</p>
 <p>As crypto.news earlier reported, India has the highest number of crypto adopters, with 103 million individuals, accounting for 7.10% of its population, according to Triple-A’s&nbsp;data. China follows with 58 million investors (4.08% of the population), and the United States has nearly 45 million investors, making up 13.22% of its population.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/triple-a-raises-10m-in-funding-led-by-peak-xv-tbt67712.html">https://thebittimes.com/triple-a-raises-10m-in-funding-led-by-peak-xv-tbt67712.html</a></p>

Triple-A raises $10m in funding led by Peak XV

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