TechFlow reports that payment company Kima has raised $5 million in pre-seed funding, bringing its total funding to $8 million. The round was backed by Blockchange, FinSec Innovation Lab (Mastercard's R&D accelerator), Outlier Ventures, Big Brain Holdings, Castrum Capital, Kangaroo Capital, and Maven Capital.
Kima has built a Web3 decentralized settlement protocol that connects traditional financial services such as fiat bank accounts and credit cards with decentralized finance (DeFi) tools.




