Privacy fintech firm Biptap completes $2 million Pre-Seed funding round

Biptap, a privacy-focused fintech company, announced the completion of a $2 million Pre-Seed round of financing. The name of the investor has not been disclosed, but it is reported that it includes several Web3 decentralized investment funds, a travel service provider with a 2.50 million hotel network, a crypto company that once owned a MotoG racing team, and a former founder of a crypto investment fund. The new funds will be used to expand its business beyond Web3 to ensure that users can control their financial transactions with privacy as the core.