PANews October 20 news, according to Fortune, New York-based startup Mural has completed a $15 million Series A funding round, led by Tether with participation from North Island Ventures. This round brings Mural's total funding to $28 million. Previously, the company completed a $5 million seed round in 2022.
Mural was co-founded in 2022 by former Palantir engineer Sinclair Toffa (CEO) and Chris Fernandes. Its platform provides payroll service providers, software companies, and fintech enterprises with a single account that can simultaneously hold traditional U.S. dollars, local currencies, and stablecoins, helping businesses simplify cross-border payments and compliance processes without having to integrate with multiple banks and payment service providers themselves.