Crypto Messenger Paymon Raised Investments from FinShi Capital and Capinvest 21

FinShi Capital
Aug 25, 2017 · 2 min read

Startup Paymon raised $500k from venture funds FinShi Capital and Capinvest 21. Paymon messenger is an application which allows quick cryptocurrency transfers between its users. The app is also a secure wallet for most of the popular cryptocurrencies. They have already made and are currently testing the Android version, and they expect to have the iOS version ready in autumn.

The sum of investment for the current round was 500 000 dollars. FinShi Capital became the lead investor. The raised money will be mostly spent on preparations for the ICO and technical modifications. Paymon is planning to launch its ICO in November 2017.

The parties do not reveal the project’s evaluation at this stage.

Semen Gleim, co-founder and the CEO of the project, stated that the main goals that their team wants to accomplish are quick and simple cryptocurrency transfers, safe payments in cryptocurrencies for companies and users, cheap conversion from one cryptocurrency to another and from fiat ones. Paymon is also using its messenger as a base for a platform, which will allow its users to make payments to different companies and organizations in cryptocurrencies. This platform is currently under closed beta-testing. The project’s developers are planning to add physical credit cards from the leading payment service providers to the app and wallet next year.

Paymon team invites you to test the beta version of the app and get tokens for the messenger installation http://www.paymon.ru

Blockchain venture fund FinShi Capital is the first venture fund formed entirely of cryptocurrency and founded by professional investors from the classic venture market. The fund has started its work in 2017, it specializes in investments in Blockchain and Fintech startups, including the ones that are planning to have their own ICOs. The fund is currently actively searching for promising and groundbreaking startups. The funds website is http://finshi.capital

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FinShi Capital

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