Global digital payment service provider Kun KUN completed a seed round of financing of tens of millions of US dollars, led by BAI Capital

Kun KUN, a trusted global digital payment service provider, completed a seed round of financing of tens of millions of US dollars, led by BAI Capital, and participated by GSR Ventures, Hash Global and others. The funds raised will be used to further improve the construction of compliance, risk control and license systems, and to build a global cooperation and operation network.

KunKUN is an innovative financial technology enterprise positioned in Web2+Web3 one-stop digital payment services. Based on payment licenses and crypto compliance systems in Hong Kong, Singapore, the Middle East, the EU and other regions, it focuses on providing scenario-based digital payment solutions for enterprises and high-net-worth individual users in cross-border trade, overseas services and the Web3 industry. The company's business covers emerging markets such as Asia, Latin America, and Africa, and is committed to building a trusted global digital payment network.

KunKUN solves the challenges faced by cross-border payments by building and operating a compliance bridge between stablecoins and fiat currency systems: low timeliness, high cost and cumbersome processes, and with its efficient, compliant and secure overall digital payment solution, it has become An effective supplement to the SWIFT system.

William, partner at BAI Capital, believes: "We are pleased to support KunKUN's vision to build a new generation of global digital payment networks. Financial services must be rooted in the real economy. KunKUN team has forward-looking market insights, excellent operational efficiency and end-to-end The solution capabilities of the end show great potential in the rapidly developing digital payment track.”

Jefferson, partner at GSR Ventures, stressed: "The Kun KUN team has decades of experience in the payment industry, and has always insisted on investing in compliance, risk control and security systems, established market trust and customer reputation, and achieved remarkable growth. I am very optimistic about the sustainable development of Kun KUN."

KK, founder of Hash Global, introduced: "Kun KUN is an important part of our investment layout in the field of "Web3 business applications and infrastructure". With its efficient, secure and compliant Web2+Web3 one-stop fund processing capabilities, KUN provides convenient payment solutions for Web3 commercial applications in our ecosystem, and promotes on-chain data circulation and value monetization. "

"The original intention of founding Kun KUN is to serve the unmet needs of the cross-border payment process and optimize the efficiency of global capital flow. Stable coins and blockchain are the best infrastructure for the new digital payment system. We will use application innovation and scenario-based development to achieve the best value of the new digital payment system. The solution provides the optimal solution for Web2+Web3 payment and becomes an effective supplement to SWIFT and the traditional banking system." said Liu Jialiang, founder and CEO of KunKUN.

"Customer value has always been the core goal of Kun KUN to build a global digital payment network. We will adhere to continuous investment in licenses, risk control and security systems, use stablecoins and blockchain technology to optimize cross-border payment efficiency in emerging markets, and promote the promotion of continuous investment in licenses, risk control and security systems. The convenient and compliant flow of global funds truly empowers the real economy.”