# 1Money Network Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/1money-network-technologies

- Industry: Financial Services
- Headquarters: Hamilton, Bermuda
- Website: www.1moneynetwork.com
- Total disclosed funding: $20M
- Latest round: Seed (Jan 16, 2025)
- Investors on record: 26

## About

Founded in 2024 and based in New York, US, 1Money Network Technologies Ltd. operates as a Web3 technology company that specializes in stablecoins, offering a Layer 1 design for security purposes.  The company was founded by its CEO, Brian Shroder. In January 2025, 1Money Network Technologies Ltd. raised USD 20 million in seed funding led by F-Prime Capital, Galaxy Ventures, Moon Pay PTE Limited, Hack VC, Tribe Capital, Portage, Ethereal Ventures, CMT Digital, and Kraken Ventures.

1Money Network specializes in a payments network designed for stablecoins, which are digital currencies pegged to traditional fiat currencies. The firm’s core offering focuses on enabling users to confirm stablecoin transactions instantly, eliminating the typical delays associated with traditional blockchain transactions. The platform is engineered to support multiple stablecoin tokens across various fiat currencies.

The revenue model of 1Money Network revolves around transaction fees charged for the use of its payments platform

The company plans to utilize the funding raised in January 2025 to fund its 2025 launch and support initial business operations.

## Funding rounds

- Seed, Jan 16, 2025, $20M — F-Prime Capital, Perry Creek Capital, Hack VC, Galaxy Ventures, CoinFlip Solutions, Tribe Capital, Karman Ventures, CMT Digital, Borderless Capital, BitGo, Gumi Cryptos Capital, Kraken Ventures, Ethereal Ventures, Portage, MoonPay USA LLC., KuCoin Ventures, Protagonist, VARIV, R3D3 Ventures, Bankless Ventures, Generative Ventures, Bing Ventures, Ambush Capital, Anagram, A100x Ventures, Lvna capital

## Investors

- F-Prime Capital (https://capitalatlas.ai/funds/f-prime-capital) — Seed
- Perry Creek Capital (https://capitalatlas.ai/funds/perry-creek-capital) — Seed
- Hack VC (https://capitalatlas.ai/funds/hack-vc) — Seed
- Galaxy Ventures — Seed
- CoinFlip Solutions — Seed
- Tribe Capital (https://capitalatlas.ai/funds/tribe-capital) — Seed
- Karman Ventures (https://capitalatlas.ai/funds/karman-ventures) — Seed
- CMT Digital (https://capitalatlas.ai/funds/cmt-digital) — Seed
- Borderless Capital (https://capitalatlas.ai/funds/borderless-capital) — Seed
- BitGo — Seed
- Gumi Cryptos Capital (https://capitalatlas.ai/funds/gumi-cryptos-capital) — Seed
- Kraken Ventures (https://capitalatlas.ai/funds/kraken-ventures) — Seed
- Ethereal Ventures (https://capitalatlas.ai/funds/ethereal-ventures) — Seed
- Portage — Seed
- MoonPay USA LLC. — Seed
- KuCoin Ventures (https://capitalatlas.ai/funds/kucoin-ventures) — Seed
- Protagonist (https://capitalatlas.ai/funds/protagonist) — Seed
- VARIV (https://capitalatlas.ai/funds/variv) — Seed
- R3D3 Ventures — Seed
- Bankless Ventures (https://capitalatlas.ai/funds/bankless-ventures) — Seed
- Generative Ventures (https://capitalatlas.ai/funds/generative-ventures) — Seed
- Bing Ventures (https://capitalatlas.ai/funds/bing-ventures) — Seed
- Ambush Capital (https://capitalatlas.ai/funds/ambush-capital) — Seed
- Anagram — Seed
- A100x Ventures — Seed
- Lvna capital — Seed