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Ramper Raises a $3M Pre-Seed Round, Led by Hashed

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Ramper enables frictionless user-onboarding solutions on web3

Seoul, South Korea–(Newsfile Corp. – March 11, 2022) –

Ramper

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Ramper is currently only available on Terra with plans to support multiple chains in the near future, starting with Polygon & other EMV-compatible chains. Ramper is currently offering a beta partner program for developers to use its product free of charge in exchange for product feedback.

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There’s an immense gap between web3 adoption and the broader internet adoption today. Of the 5B active internet users that’s growing, only ~20M MAUs are using Metamask, the world’s largest non-custodial wallet. Coinbase, one of the world’s largest centralized exchanges, only has ~9M MAUs. “We imagine a world in which web3 is just like any other web applications – you just go and start using it seamlessly. To get there, we need solutions to make web3 user-friendly & accessible to all – enabling experiences that make digital ownership and identity truly human-centric.” – Sisun Lee, co-founder of Ramper.

Quote from Hashed

“Ramper is here to support everything that is required to accelerate mass adoption of Web3. The access to opportunities in crypto is still limited to very few. It is not enough for the crypto industry to just have ‘bank the unbanked’ or ’emerging markets adoption’ thesis. Ramper will do much-needed heavy lifting in removing friction points in Web3 adoption, one by one,” said Baek Kim, General Partner of Hashed.

Quote from Terra

“For the next generation of Web3 products to be successful, a seamless user experience starting with sign-on is essential. Delightful products that give the next billion users access to what the Terra blockchain can offer – from decentralized finance to the metaverse – need plug-and-play auth interfaces that work. We are excited to support infrastructure providers like Ramper that accelerate user adoption of applications built on Terra,” said Natalie Luu, Head of Ecosystem Development at Terra.

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For more information, visit https://www.ramper.xyz/

###

About Ramper

Ramper’s mission is to onramp the next billion users onto web3. Ramper was founded to make web3 user-friendly, letting everyone around the world gain access to web3 without having to go through its complexity. Its co-founders are Sisun Lee, Hoa Mai, Karl Jin, and Chris Yang. Sisun was previously an entrepreneur in residence at Hashed where he spun out Ramper. Previously, he was a co-founder & CEO of More Labs, a nation-wide consumer brand company, and was a product manager at Facebook, Uber, and Tesla. Hoa was previously a software engineer at Google, Apple, and Amazon. Karl was previously an engineering manager at Compass and MakeSpace. Chris was previously a software engineer at Toss.

About Hashed
Hashed is a global, multi-billion venture fund focused on backing founders pioneering the future of blockchain and cryptocurrency. Led by serial entrepreneurs and engineers, Hashed is expediting global blockchain adoption through strategic investments and community building. Based in Seoul, San Francisco, Singapore, and Bangalore, Hashed has cultivated industry-defining web3 founders around the globe by accelerating teams such as Terra Money, Axie Infinity, Klaytn(Kakao) Link(Line), and The Sandbox. Hashed additionally operates metaverse studio UNOPND and a digital assets custody service KODA.

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Contact Information

Sisun Lee
Co-founder, Ramper Inc.
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/116247

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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