Higlobe Funding: Raises $14M 

Higlobe, a Palo Alto, CA-based provider of a solution for international payment transfers, raised $14M in funding.

The round was led by Battery Ventures. Battery Senior Partner Scott Tobin will join Higlobe’s board.

The company intends to use the funds to accelerate growth and expand operations.

Founded in 2020 by CEO Teymour H. Farman-Farmaian and CTO Jeff Bolton, Higlobe uses asset-backed stablecoins to provide a means of making cross-border payments between bank accounts. The company exclusively uses stablecoins issued by companies that are regulated and supervised by U.S. federal or state agencies and that are 1:1 backed by U.S. dollars or U.S. government treasury securities. Its service offers customers the ability to make multiple transfers per month for one flat rate. Higlobe is currently available in Mexico, free for a limited time, to Mexican citizens or legal permanent residents that work with business clients in the U.S. Users can sign up for Higlobe’s service online where they must provide proof of identity and residence.

Other investors include TTV Capital, FjLabs, Reciprocal Ventures, Paxos, DCG, Raptor Group, and Gokul Rajaram.

About Higlobe

Higlobe is a team of international individuals who have spent years losing money in transaction fees.

From Buenos Aires to Bucharest, San Francisco to São Paulo, and everywhere in between we’ve lived and worked all over the world.

They are ready to take back our hard-earned money and free ourselves from complicated transaction fees. Higlobe is our solution.

When was Higlobe founded?

Higlobe was founded in 2020

Who is the Founder of Higlobe?

Teymour H. Farman-Farmaian is the CEO and Co-founder of highlobe.

Is Higlobe Hiring?

Higlobe is not hiring for any positions.

What is the Team Size of Higlobe?

As per the popular social media site LinkedIn, Higlobe has 24 employees.

Where is the Head Office of Higlobe?

Higlobe is headquartered in Mexico. Coming soon to Brazil and beyond.

How much is the revenue of Higlobe?

Higlobe has not publicly revealed the revenue in the last round of funding.

Luminovo Raises €11 Million In Seed RoundCongratulations to the entire team. I wish you great success in this endeavour.

Shishir Gupta, Founder and CEO, StartupLanes

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