Easy Crypto Raises $ 11.7 Million, Sets New Zealand Record

Easy Crypto Raises $ 11.7 Million, Sets New Zealand Record

New Zealand’s Easy Crypto has set a new record for a Series A funding round in the country.  When all was said and done, the company raised NDC $17 million ($11.7M USD). Nearly double what was expected. The most funded round by a New Zealand firm was the first time that outside investments were used by Easy Crypto. Up until now, the company, founded by siblings Janine and Alan Grainger, was funded internally. “Easy Crypto has not received angel or seed capital,” it claims in the press announcement. 

Easy Crypto believes that the success of the funding round “demonstrates increasing confidence in the role of cryptocurrency in the financial ecosystem.” 

Highlights

  • This story was seen first on BeInCrypto Join our Telegram Group and get trading signals, a free trading course and more stories like this on BeInCrypto

  • The round was led by Nuance Connected Capital and saw contributions from Pathfinder, Icehouse Ventures, Even Capital, GDP Venture, Hutt Capital, and Seven Peaks Ventures.