With its payment layer, the Estonian financial service provider Wert makes it possible to directly purchase NFTs with credit cards, simplifying the payment process.
The Estonian company Wert, based in Tallinn uses embedded finance technology in order to simplify purchasing of NFTs and other DeFi products. Wert’s payment module facilitates user acquisition by unifying compliance, payments and blockchain for blockchain-based projects under the product of the company.
Wert has raised $5 million in an all-equity seed round led by UK-based crypto fund Tagus Capital. Furthermore have invested in the round several Web3 and Fintech venture capital investors from the U.S., Asia, and Europe, including VR Ventures, Element Ventures, Digital Horizon, and JDAC.
The investment is intended to expand the geographic reach and support the further development of innovative Web3 infrastructure solutions.
As George, co-founder of Wert says, the startup is aiming to create a solution for businesses who wish to keep their decentralized nature and challenger spirit yet remain accessible to the general public.