BAANX has completed a $20 million Series A financing round, planning to expand to the United States and Latin America.

Cryptocurrency payment company BAANX has announced that it has raised $20 million in Series A funding, with participation from LEDGER, TEZOS, CHIRON, and British commercial banks. BAANX has obtained authorization from the Financial Conduct Authority (FCA) in the UK and recently signed a three-year partnership agreement with Mastercard in the UK and Europe. The funding will help the company launch its services in the United States and Latin America later this year.