Alisa Davidson
Printed: January 16, 2026 at 5:00 am Up to date: January 16, 2026 at 3:22 am
Edited and fact-checked:
January 16, 2026 at 5:00 am
In Transient
Veera has raised $10 million to develop its mobile-first DeFi platform, integrating cross-chain monetary merchandise, the Veera Card, and a user-owned on-chain identification system to drive adoption and international monetary inclusion.
Veera, a crypto-focused monetary providers platform, has secured $10 million by its pre-seed and seed funding rounds to advance product improvement and develop international entry to on-chain monetary providers. The newest $4 million seed spherical included $2.8 million from CMCC Titan Fund and Sigma Capital, alongside strategic angel traders, following a $6 million pre-seed spherical in Could 2024 led by sixth Man Ventures and Ayon Capital, with extra backing from Folius Ventures, Reflexive Capital, Sfermion, Cypher Capital, Confederate, and The Working Group.
Based to bridge the hole between decentralized finance innovation and broader adoption, Veera is creating a mobile-first monetary working system that integrates main DeFi merchandise throughout a number of chains and property right into a single interface. The platform permits customers to earn, make investments, save, spend, and switch property seamlessly, eliminating the necessity to navigate a number of decentralized functions or handle blockchain complexity.
“We’re centered on creating merchandise that individuals can truly use,” mentioned Sukhdeep Bhogal, Co-Founder and CEO of Veera, in a written assertion. “Whereas the single-click Cross-Chain Swaps and Multi-Chain, Multi-Asset Yields tackle poor UX and mixture the most effective alternatives within the DeFi area, the Veera Card is designed to increase on-chain property into on a regular basis spending, whereas our yield and financial savings infrastructure operates quietly within the background. It’s all about preserving capital lively on-chain with out making the expertise difficult,” he added.
Veera Surpasses 2M Downloads And Expands DeFi Entry With Cell-First Platform And Veera Card
The agency formally launched its platform in January 2025 and has steadily launched new options since. The platform has surpassed 2 million downloads, helps over 300,000 multichain self-custody wallets, and has 70,000 holders of its RWA Gold Token (VGT). It information round 220,000 month-to-month lively customers and 20,000 each day lively customers, with engagement pushed by proof-of-human–verified interactions throughout actual transactions and accomplice decentralized functions (dApps). Veera now handles over 500,000 on-chain transactions per 30 days, demonstrating constant utilization quite than speculative buying and selling.
“By aggregating yields, staking, tokenized equities, tokenized real-world property, and extra right into a single interface, Veera is eradicating long-standing obstacles between conventional finance and decentralized finance,” mentioned Vineet Budki, Founder and Normal Companion at Sigma Capital, in a written assertion. “The platform addresses core ache factors in crypto by seamless abstraction, frictionless onboarding, and clever aggregation,” he added.
Veera’s Monetary Identification Rating (FIS) is a privacy-focused, on-chain monetary profile created from verified KYC knowledge, platform exercise, and transaction historical past, serving as a central differentiator for the corporate. The rating adapts as customers interact with the ecosystem, granting enhanced entry to yields, lending phrases, and different monetary merchandise. Not like typical credit score or identification methods, the FIS is owned by the consumer and operates with out dependence on exterior biometric frameworks.
“Decentralized finance stays fragmented, and poor consumer expertise continues to restrict mass adoption,” Shiau Sin Yen of CMCC Titan Fund mentioned in a written assertion. “Veera stands out by delivering a mobile-first tremendous app with an built-in pockets that simplifies how individuals work together with crypto. We see important upside in rising markets, the place customers are looking for sensible monetary instruments quite than hypothesis. We’re happy to help the skilled founding group behind Veera, all of whom have demonstrated the power to scale merchandise successfully,” he added.
Certainly one of Veera’s current developments is the launch of the Veera Card, which has already drawn over 30,000 customers to its waitlist. The cardboard permits customers to spend on-chain property worldwide whereas retaining non-custodial management. With its newest funding, Veera plans to speed up its aim of onboarding 100 million customers to its monetary working system and to develop monetary inclusion, significantly in rising markets the place mobile-first platforms are sometimes the primary entry level to monetary providers.
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About The Writer
Alisa, a devoted journalist on the MPost, makes a speciality of cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising developments and applied sciences, she delivers complete protection to tell and have interaction readers within the ever-evolving panorama of digital finance.
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Alisa, a devoted journalist on the MPost, makes a speciality of cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising developments and applied sciences, she delivers complete protection to tell and have interaction readers within the ever-evolving panorama of digital finance.
Extra articles
