Payment Infrastructure Startup Fun Completes $72 Million Series A Round Led by Multicoin Capital and SignalFire

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According to Fortune, payment infrastructure startup Fun completed a $72 million Series A funding round led by Multicoin Capital and SignalFire, with participation from Infinity Ventures and Pharsalus Capital.

Fun provides crypto-to-fiat on-ramp and off-ramp infrastructure for platforms including Polymarket, Lighter, and Aave, processing over $18 billion in annual payment volume. The company plans to use the new capital to expand its team of approximately 30 people.

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