Airwallex-backed start-up raises nearly $50m in seed round
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An Airwallex-backed start-up raised almost $50 million in its seed funding round, the latest sign of an Australian-founded business making strides in the United States market. Metal, which builds infrastructure for tokenised financial products and stablecoin payments, was co-founded by Melbourne-based entrepreneur Loong Wang and former Meta executive Catherine Porter. The company announced in late June that it had completed a seed funding round with Airwallex and its venture capital arm, Capital 49, as joint leads. Copy link Copied Copy link Copied Subscribe to gift this article Gift articles to anyone you choose each month when you subscribe. Fetching latest articles