Payment company Mural completed a $15 million Series A funding round, led by Tether

According to Fortune, New York-based startup Mural has completed a $15 million Series A funding round, led by Tether, with participation from North Island Ventures. This round of funding brings Mural's total financing to $28 million. Previously, the company completed a $5 million seed round in 2022.

Mural was co-founded in 2022 by former Palantir engineer Sinclair Toffa (CEO) and Chris Fernandes. Its platform provides payroll service providers, software companies, and fintech firms with a single account that can hold traditional dollars, local currencies, and stablecoins simultaneously, helping businesses simplify cross-border payments and compliance processes without the need to connect with multiple banks and payment service providers.