PANews reported on August 26 that according to PR Newswire, blockchain payment infrastructure Kira completed a US$6.7 million seed round of financing, with participation from Blockchange Ventures, Vamos Ventures, Stellar Blockchain, Grit Ventures, Credibly Neutral Ventures, Michael Seibel and Oso Trava.
Kira leverages the Stellar blockchain to deliver fast, low-cost payment services. Currently focused on the Latin American market, Kira supports both large enterprises and startups in launching embedded financial products. Kira enables large enterprises and small startups to provide blockchain-based financial services to their customers through an integrated API. Kira offers a variety of financial products, including payments, remittances, and savings.


Crypto venture funding was weak in November, with only a few major raises driving totals, as overall deal activity reached one of its lowest points this year. Venture capital funding in the cryptocurrency sector remained muted in November, continuing a broader slowdown that has persisted through late 2025. Deal activity was once again concentrated in a small number of large raises by established companies.As Cointelegraph previously reported, the third quarter saw a similar pattern: total funding climbed to $4.65 billion, according to Galaxy Digital, but deal counts lagged as capital flowed primarily to bigger, more mature firms.November reflected the same divergence. Figures from RootData showed only 57 disclosed crypto funding rounds during the month — one of the weakest tallies of the year — despite headline-grabbing raises such as Revolut’s $1 billion round and Kraken’s $800 million raise ahead of its anticipated initial public offering.Read more
