Mural, founded by former Palantir engineers, raises $15 million to focus on enterprise cross-border payments.
Oct 20, 22:09
On October 20, according to Fortune, New York-based startup Mural, founded by former Palantir engineers, has completed a $15 million funding round. The company aims to provide businesses with a unified international payment management platform to reduce the complexity of simultaneously managing banks, payment service providers, and varying regulatory requirements during cross-border transfers.
Mural’s goal is to leverage stablecoins to drive faster and lower-cost global payments, enabling enterprises to manage multiple currencies and cross-border payment processes within a single platform. Co-founders include Chris Fernandes and Sinclair Toffa.