Azteco Raises $6M In A Seed Funding Round Led By Jack Dorsey
Azteco provides a way to buy Bitcoin directly from corner shops and retailers in many countries without providing ID or having to create an account.
- "We’re delighted to announce that Azteco has raised $6M in a seed funding round led by Jack Dorsey, with participation from Lightning Ventures, Hivemind Ventures, Ride Wave Ventures, Aleka Capital, Visary Capital, Gaingels, David Van Der Weele and Sunil Rajaraman."
“My contribution to Azteco comes out of a deep respect for their mission. The unbanked population is immense. We have the technology and resources to close this gap, but until now, no one has taken that important next step. Azteco is providing so much more than just access to a secure financial system; it is building an ecosystem of financial self-determination that is secure and supported by local communities. I am honored to support them.” - Jack Dorsey, Founder, Block
- "Azteco's critical mission is to provide access and inclusivity to the often-overlooked and most underserved global demographics. Many individuals lack the proper identification, smartphones, bank accounts, or other requirements to navigate the complex and confusing crypto trading platforms. Azteco's solution is very familiar, far more comfortable, and incredibly easy for them to understand,” said Mike Jarmuz, General Partner, Lightning Ventures.
“This investment is a catalyst to help us achieve our mission of bringing unconditional financial freedom and control to the next billion users. This funding will fuel our market activation and product refinement efforts, enabling us to reach consumers more effectively, to develop deeply intuitive products and empower individuals worldwide to participate in global commerce regardless of their financial or technical experience level.” - Paul Ferguson, Co-Founder, Azteco