Alchemy Pay: Secures $10 million funding at a $400 million valuation through partnership with DWF Labs

Alchemy Pay: Secures $10 million funding at a $400 million valuation through partnership with DWF Labs

  • Alchemy Pay partners with DWF Labs to expand its payment business in Korea
  • The partnership secured $10 million in funding, with its valuation at $400 million during the funding phase
  • It has partnerships with mainstream and local payment channels, including mobile payment platforms
  • The company’s reach extends beyond traditional credit cards into local mobile wallet options, covering Europe
  • It has introduced its innovative NFT Checkout service, allowing customers to acquire NFTs using fiat payment options
  • The Korean market presents a promising opportunity with the partnership aiming to establish a solid foothold
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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