CDS Startups Ping Raises $15M in Seed Round
Startups

Ping Raises $15M in Seed Round

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Ping Raises $15M in Seed Round
Ping Raises $15M in Seed Round

Ping, which aims to make it easier for freelance employees to receive payouts after their jobs, raised $15 million in investment in the seed round. Y-Combinator, Race Capital, BlockTower, Danhua Capital, Signum Capital and Goat Capital participated in the investment round. The funds raised will use to improve the platform and make it easier for freelancers to get paid by people doing freelance work, whether in crypto, dollars or their local currencies. Ping CEO and Co-founder Pablo Orlando said;

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“Ping is the perfect solution for freelancers to get paid and for gig economy platforms like Braintrust, freelancer.com , Upwork to offer to their users. We established a platform that ultimately helps democratize access to higher paid jobs as a result of remote work. Ping enables freelancers and contractors globally to see the possibility of earning in dollars and saving in an account in the USA as the highest possible dream.”

Ping

About Ping

The platform was co-founded in 2022 by Pablo Orlando, Mary Saracco and Jack Saracco. The team, which initially built the platform on payment problems in Latin America, later expanded it, considering it a global problem. The platform enables Freelance employees to receive their payouts in any crypto asset or fiat currency in a simple way and accelerate their work. While users can pay via cryptocurrencies, they can also invest through the platform. In addition, users can invoice the payouts they receive and send them to employers quickly.

Reference

www.businesswire.com

Written by
oguz

The author is a political science and public administration student at Kocaeli University. He is also studying Management Information Systems at Anadolu University. He met Blockchain technology and Cryptocurrencies for the first time in 2019. Interested in cryptocurrencies for over 2 years. In addition he provides E-commerce and social media marketing services.

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