{
  "id": 11216798,
  "title": "Walapay raises $4.6M to bring near instant global payments to local businesses",
  "url": "https://urgent.news/2026/10/01/walapay-raises-4-6m-to-bring-near-instant-global-payments-to-local",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-10-01T15:00:12.000Z",
  "source": {
    "name": "SiliconANGLE",
    "slug": "siliconangle",
    "url": "https://siliconangle.com/2026/10/01/walapay-raises-4-6m-to-bring-near-instant-global-payments-to-local-businesses/"
  },
  "original_language": "en",
  "account": "Walapay Inc., a payments infrastructure startup leveraging stablecoins for account payouts, has secured $4.6 million in seed funding from Generative Ventures and other investors to expand its global payment solutions for local businesses. The round also attracted participation from Commerce Ventures, Polygon, Verda Ventures, NGC Ventures, FGV Capital, Digital Finance Group, Jsquare, Knollwood, and Big Brain Holdings. Co-founders Tom and Dimitri Borgers developed the platform using blockchain and a single API to streamline transactions across currencies and regions, including Latin America, Africa, and Asia. Walapay aims to bridge the gap between global payment platforms and local accounts, which currently often pass through multiple banks and payment providers, incurring fees and delays. The company allows financial technology companies and payment service providers to settle multicurrency accounts instantly, convert idle cash into yield-generating accounts, and issue stablecoins pegged to other currencies. With the latest funding, Walapay plans to expand its licensing footprint, deepen banking partnerships, and grow its team to cater to an increasing demand for swift cross-border settlements. The company also intends to support AI-driven money handling by treating artificial intelligence-native commerce as a standard service, rather than a separate product.",
  "summary": "Walapay Inc., a global payments infrastructure firm that uses stablecoins for account issuance and payouts, today announced it raised $4.6 million in a seed round led by Generative Ventures to bring global payments to local businesses. Commerce Ventures, Polygon, Verda Ventures, NGC Ventures, FGV Capital, Digital Finance Group, Jsquare, Knollwood and Big Brain Holdings also […] The post Walapay…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "SiliconANGLE",
        "title": "Walapay raises $4.6M to bring near instant global payments to local businesses",
        "url": "https://urgent.news/2026/09/30/walapay-raises-4-6m-to-bring-near-instant-global-payments-to-local",
        "published": "2026-09-30T15:00:12.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}