Monday, 22 September, 2025
Shield Raises $5M to Simplify Cross-Border Crypto Payments for Businesses
Shield, a crypto neo-bank backed by a16z, has raised $5 million in a recent seed round led by Giant Ventures. Founded in 2022 and pivoted to payments in 2024, it helps exporters and importers conduct cross-border transactions using U.S. stablecoins, while building compliance tools for sanctions and AML risk. Shield has processed over $100M to date, including $40M in just the past month.
Read full story at TechCrunch