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Hypto raised millions of dollars under the leadership of Stellaris Venture Partners, know how the startups help developers to build products

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Photo from Unplash
Photo from Unplash

Tech infrastructure platform Hypto today announced that it has raised $3 million in a seed round led by Stellaris Venture Partners. The startup has secured this investment in partnership with 3one4 Capital and Core91. The financing round also saw participation from leading angel investors, including Amrish Rao of Pine Labs and Jitendra Gupta of Jupiter.

Hypto will use the new investment to expand its technology team and build web services to serve and support new financial use cases for technology businesses, according to a statement. Abhishek Rajagopal, Co-Founder, Hypto, said, “We are breaking down finance into its core components to create a new generation of very simple, scalable and low latency web services that power all financial use cases.

Photo from Unplash

Photo from Unplash

Abhishek Rajagopal further added, “We are also open sourcing our connections to centralized financial institutions and decentralized networks. By open-sourcing this connectivity layer, we are welcoming a global community of the fastest people to collaborate and solve the toughest problems in finance”.

 

Tech infrastructure platform Hypto as a service helps developers build products by empowering any financial use case with its tech infrastructure as a service. By opening up the technology stack that connects banks, financial institutions and customers to the primary components, Hypto is also removing significant bottlenecks present in older systems.

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