Payment infrastructure startup Fun completes $72 million Series A funding, led by Multicoin Capital and SignalFire

According to Fortune, payment infrastructure startup Fun announced the completion of a $72 million Series A funding round, led by Multicoin Capital and SignalFire, with participation from Infinity Ventures, Pharsalus Capital, and Tinder co-founder Justin Mateen.

Fun primarily provides cryptocurrency and fiat deposit and withdrawal infrastructure for platforms such as Polymarket, Lighter, and Aave, with an annual payment processing volume exceeding $18 billion. The company plans to use the new funds to expand its team of about 30 people.