Lead Bank has added Loop Crypto to its core membership, aiming to enhance its stablecoin and payment business. Loop Crypto's co-founder and CEO, Eleni Steinman, expressed enthusiasm about the partnership, highlighting the potential to advance stablecoin and cryptocurrency payment technologies. Lead Bank, based in Kansas City, Missouri, has been increasingly focusing on fintech and crypto sectors, having raised $70 million in a Series B funding round earlier this year, reaching a valuation of $1.47 billion. Loop Crypto, which has secured $6 million in funding, also counts a16z among its investors.
Lead Bank Partners with Loop Crypto to Boost Stablecoin and Payment Ventures
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