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Stablecoin startup Payy completes $6 million seed round, led by FirstMark Capital
Odaily Planet Daily reports that stablecoin startup Payy has completed a $6 million seed round funding, led by FirstMark Capital, with participation from Robot Ventures and DBA Crypto. The funding was conducted through a SAFE agreement with token warrants. This round was completed in December last year, bringing the total funding to $8 million so far. Payy was originally called Polybase, a Web3 database project, but rebranded in 2023 as a stablecoin payment platform. (The Block)