Layer2 Financial is thrilled to announce the successful close of their $10.7 million Series A funding round, led by Galaxy Ventures with key support from Accomplice. This funding validates the innovative work Layer2 has done in bridging digital and traditional fiat systems.

Founded by Tarun and his co-founder, Layer2 aims to revolutionize global money movement. With this new funding, they are set to enhance cross-border payments, making them faster, more transparent, and secure.

In the past year, Layer2 has experienced remarkable growth. Their platform seamlessly integrates fiat and digital currencies, enabling the secure movement of billions of dollars annually and achieving over 20% month-over-month transaction growth. Businesses trust Layer2 for efficient, transparent, and compliant cross-border payments.

The funding will drive key initiatives, including:

• Product Development: Enhancing platform solutions.
• Market Expansion: Reaching more global businesses.
• Tech Infrastructure: Investing in cutting-edge technology.
• Talent Acquisition: Hiring top-tier talent.