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Zulu - Seed
Overview
About Zulu - Seed
Bogota, Colombia-based crypto wallet app Zulu has raised $5 million in a seed round as it seeks to expand its user base in Latin America. Early-stage venture capital firm Cadenza Ventures led the round. Firms including web3-focused fund Nexo Ventures also participated, as well as several individual investors.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2018 | 32 | -- | ||
| Corporate | United Kingdom | 2017 | 18 | -- |
Founders & Team
Esteban Villegas
Company Profile / Project Introduction
Zulu focuses on using stablecoins to help Latin America-based residents more efficiently save, in light of currency devaluations — as well as send cross-border payments to friends and family back home. The app supports the dollar-pegged stablecoin USD Coin. Zulu serves users in Colombia, Venezuela, Peru and Mexico. The company hopes to expand its app to the U.S., as well as other countries, next year.