December 2, 2024
Brighty, a digital finance platform, has announced the completion of a $10 million funding round led by Futurecraft Ventures. This funding is expected to support Brighty’s expansion across Europe and the UK, boosting its capabilities for enabling crypto payments in everyday transactions. The platform offers European IBAN accounts and issues both physical and digital Visa cards with custodial addresses on Ethereum, Tron, Polygon, and Arbitrum, facilitating crypto-to-fiat exchanges in EUR, USD, GBP, and other currencies.
Brighty merges traditional banking services with blockchain technology, providing users with tools to manage crypto payments, conduct fund transfers, and make online or in-store purchases. Additional features include earning interest on balances and seamless integration with payment services such as Apple Pay and Google Pay. The platform also offers solutions for businesses to operate with stablecoins and enables crypto communities to list custom tokens, stake coins, and receive cashback.
Brighty’s recent funding round follows the launch of Brighty Business, a B2B payment platform introduced over a year ago. This service was developed to streamline cross-border business transactions, addressing challenges such as high fees and delayed processing. The company aims to further support individuals and businesses in making crypto transactions more accessible and efficient in Europe and the UK.
About Brighty
Brighty is a Switzerland-based digital finance platform that integrates traditional banking with cryptocurrency and decentralized finance. The platform provides European IBAN accounts and issues Visa cards, enabling users to exchange crypto for fiat, make purchases, and send funds. Services also include earning interest on balances, facilitating transfers between bank and crypto accounts, and using contactless payment methods via Apple Pay and Google Pay.
Website: https://brighty.app/en
X: @brightyapp
About Investor
Futurecraft Ventures
Futurecraft Ventures, established in 2015, is an investment firm specializing in funding startups that innovate in financial technology. The firm targets early-stage companies that aim to advance traditional financial services through technology.
Location: London, Dubai
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