Palm Drive Capital reposted this
Cross-border payments startup Parallax (withparallax.com) announced that it raised $4.5 million in a recent seed round. Dragonfly Capital spearheaded Parallax's seed round, joined by Circle Ventures, General Catalyst, gumi Cryptos Capital, Palm Drive Capital, Comma Capital, and Firsthand Alliance. Co-founded by Filipina Mika Reyes, Parallax leverages blockchain technology for cheaper and faster cross-border transactions. Parallax helps users save as much as 83% in fees with the mid-market exchange rate, with the startup now also offering new features and planning expansions into new markets thanks to the recent round of funding. Read now on The Independent Investor. https://lnkd.in/gaHGewM4 #startupPH #paymentsolutions #raisingfunds #seedround #blockchaintechnology