OceanPay Successfully Raises $10 Million in Series B Funding Round

Grand News Network | December 12, 2024

OceanPay raised $10 million in a Series B round led by BlackPine, QCP Capital, and Tally Capital. The platform combines traditional payment methods with blockchain technology and offers a social platform with educational resources. Previously, it raised $5 million in Series A. The new funding will support expansion, technology upgrades, and new features.

London, 23 Paul Street, United Kingdom, 12th Dec 2024 - OceanPay, an international payment card platform integrated with MasterCard, has announced the successful completion of a $10 million Series B funding round. The round was led by three strategic investors: BlackPine, QCP Capital, and Tally Capital.

OceanPay's flagship product is an international payment card that combines traditional payment methods with modern blockchain technology. Additionally, OceanPay has developed a unique social platform that encourages user interaction while providing valuable educational resources to enhance financial literacy within the community.

Previously, OceanPay secured $5 million in its Series A funding round, showcasing its strong growth potential in the global payment market.

With the new investment from Series B, OceanPay plans to expand its operations, upgrade its technology, and develop new features, further solidifying its position in the digital payment and blockchain sectors.

Media Contact

Organization: CRITIX

Contact Person: VICTOR L. BAKER

Website: https://oceanpay.io/

Email: Send Email

Address:23 Paul Street, London

City: London

State: 23 Paul Street

Country:United Kingdom

Release id:21290

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OceanPay Successfully Raises $10 Million in Series B Funding Round

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