TechFlow News — On November 28, according to The Block, Bleap, a blockchain-based banking account project founded by former Revolut employees Joao Alves and Guilherme Gomes, has raised $2.3 million in pre-seed funding at a $10 million valuation. The round was led by Ethereal Ventures, founded by ConsenSys founder Joe Lubin, with participation from Maven11, Alliance DAO, Robot Ventures, and other firms.
Bleap is built on Arbitrum and supports stablecoin payments and Mastercard debit cards, promising zero conversion fees and up to 2% cashback on spending. The project is currently in testing with select users in the European Union and plans to launch fully in Q1 2025, with a token launch scheduled for 2026. Registered in Poland as a Virtual Asset Service Provider (VASP), the project will initially focus on serving the EU market before expanding into Latin America.
