On-ramp and off-ramp solutions provider with a focus on India for the crypto sector.

$1.5m in seed funding was achieved by Onmeta which was lead by Skycatcher Fund with Luno Expeditions, Polygon Studios, GSF Fund, and well-known angel investors including Hiro Mashita, Madhur Deep, Ganesh Swami, Sandeep Nailwal, the founder of Polygon, Nitish Mittersain, the founder of Nazara, and Nitish Mittersain (MD, Sin Growth Partners) also participating in the round .
Onmeta is a developer of on- and off-ramp Web3 decentralized app solutions designed to enhance user experience and speed adoption. Users can take payments in any fiat currency and send the money directly to their preferred wallet thanks to the company's interoperable technology, which accepts fiat currencies and all tokens on all major blockchains.
To facilitate transactions, Web2 companies like Flipkart and Amazon have included payment processors like MobiKwik and Razorpay inside their websites. Similarly, Web3 businesses also require a payment method that enables customers to exchange their fiat currency for cryptocurrency and purchase NFTs.
Going via a centralized cryptocurrency exchange or market, however, is a time-consuming process laden with KYC requirements. Therefore, it might be more easy for customers to exchange fiat money (conventional money) for cryptocurrencies using an independent, decentralized platform. The security of decentralized apps (dApps) is uncompromised, and users' private information is not shared with third-party exchanges. Merchants can incorporate Onmeta into their dApp using an API-based integration or a widget.
Learn more about Onmeta here: https://onmeta.in/
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