# BoomFi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/boomfi

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.boomfi.xyz
- Total disclosed funding: $3.8M
- Latest round: Seed (Jun 13, 2023)
- Investors on record: 7

## About

Founded in 2023 by Jack Tang and Michael Si, and based in London, UK, BoomFi Ltd operates as a financial platform that develops a processing and payments gateway platform for cryptocurrency transactions. In June 2023, BoomFi Ltd raised USD 3.8 million in seed funding led by investor White Star Capital, with participation from Aquanow, Aquanow, Blockchain Founders Fund, GSR, Kraken Ventures, and Passion Capital.



The firm develops and offers a platform for merchants to accept digital payments and cryptocurrencies, across any chain and a wide range of tokens as a mode of payment. Merchants can offer no-code pay links, low-code widgets, and SDK/API solutions to their customers to settle their payments in crypto or fiat in real time.

## Funding rounds

- Seed, Jun 13, 2023, $3.8M — Passion Capital, White Star Capital, Blockchain Founders Fund, Kraken Ventures, Aquanow, BitDAO Inc., GSR

## Investors

- Passion Capital — Seed
- White Star Capital (https://capitalatlas.ai/funds/white-star-capital) — Seed
- Blockchain Founders Fund (https://capitalatlas.ai/funds/blockchain-founders-fund) — Seed
- Kraken Ventures (https://capitalatlas.ai/funds/kraken-ventures) — Seed
- Aquanow — Seed
- BitDAO Inc. — Seed
- GSR — Seed