Zebedee Raises $35M in Series B Funding
- Zebedee, a Hoboken, NJ-based fintech and next-generation payment processor for the gaming industry, closed a $35M funding round
- The round was led by Kingsway Capital and joined by global merchant bank The Raine Group as well as video-game giant Square Enix
- Existing investors including Lakestar and Initial Capital also participated in the round
- The company has created a platform that allows any game developer to add programmable money into their games
- To make this work from a technical standpoint, the company uses the Bitcoin Lightning Network as a key piece of its payments infrastructure
- The company has 50+ employees spread out across the world on a fully remote team
