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The founders of fomo, a consumer crypto trading app that launched in may, took an unusual route to raising capital. This brings the total funding to $19 million Fomo said it has “processed nearly $700 million in volume” and onboarded more than 120,000 users during its beta
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While crypto infrastructure has consistently improved, user experience. As per techcrunch, the cryptocurrency trading app fomo has successfully completed a series a funding round of $17 million, with benchmark taking the lead Consumer crypto app fomo secured $17 million in series a funding led by benchmark
The vc's atypical investment follows fomo's explosive user growth and apple pay success.
At fomo, we’re building a trading app for the rest of us To accelerate our mission, we closed a $17 million series a led by benchmark, bringing our total funding to $19 million. The fundraising also attracted participation from archetype and coinbase ventures, alongside angel investors from boolean ai, 20vc, and suno, among others