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Payment Infrastructure Company Fun Raises $72 Million in Series A Funding Led by Multicoin Capital and SignalFire
On May 1, payment infrastructure startup Fun completed a $72 million Series A funding round, led by Multicoin Capital and SignalFire, with participation from Infinity Ventures, Pharsalus Capital, and Tinder co-founder Justin Mateen. Fun primarily provides cryptocurrency and fiat deposit and withdrawal infrastructure for platforms such as Polymarket, Lighter, and Aave, with an annual payment processing volume exceeding $18 billion. The company plans to use the new funds to expand its team of approximately 30 people.