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Plena Finance Announces $5 Million Fundraising Milestone


April 16, 2024


Plena Finance, the first Crypto Super App to utilize Account Abstraction, has completed a $5 million seed funding round. This funding round included a diverse group of investors and partners committed to advancing crypto adoption. Investors in this round include Big Brain Holdings, DeWhale, GBV, WebWise, Galxe, Normie Ventures, and FounderHeads.


Project

Latest Raise Date

Latest Raise

Stage

Total Raise

Category

Plena Finance

Apr 16, 2024

$5M

Seed

$5M

DeFi

Influential crypto entities such as Cointelegraph and ConsenSys supported the funding round. Plena Finance has received attention and support from various respected advisors and angel investors, including Ivan on Tech, Trader XO, Trader SZ, Boxmining, The Martini Guy, Michaël van de Poppe, Eric Cryptoman, Crypto Zoran, Nischal Shetty, Anshul Dhir, Crypto ISO, MANDO CT, Anbessa, ASH Crypto, Sjuul | AltCryptoGems, Ted Pillows, Joshnomics, Vocado Toast, and Alex Belov.


In 2024, Plena Finance plans to expand its chain integrations, launch Super App 3.0, and further develop its Plena Connect SDK across more decentralized applications. Additional initiatives include the $PLENA Token Generation Event (TGE) and community-focused Plena Quests. The company has also announced its largest airdrop campaign, partnering with DAO Maker, Chain GPT, Decubate, AI Tech, and Viction Chain by Coin98 to distribute 2% of its total supply before its listing.


About Plena Finance

Plena Finance is a comprehensive crypto super app designed to simplify and enhance the user experience in the cryptocurrency space. The app functions as a base layer wallet integrating various crypto tools, making it easier for users to navigate decentralized finance (DeFi). By leveraging account abstraction, Plena Finance aims to remove technical barriers to blockchain adoption, providing an intuitive user interface.


Plena Finance's mission is to onboard the next billion users into the cryptocurrency world by offering a seamless and accessible experience. The app's features, such as Chat & Pay and Smart Portfolios, cater to both novice and experienced users. Plena Finance also offers grants to decentralized applications that integrate its Plena Connect SDK, supporting developers within its ecosystem.


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About Investor

Investor: Multiple investors

Description: The seed funding round saw participation from Big Brain Holdings, DeWhale, GBV, WebWise, Galxe, Normie Ventures, FounderHeads, and others. These investors are recognized for supporting innovative projects in the blockchain and DeFi sectors.


Location:  United States

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