Fun retweeted
How @fun's Costco Model Is Winning The Onchain Payments Race with @AlexKFine
Timestamps
00:00 Intro And Recent Raise
00:38 Fintechs Going On Chain
01:27 Fun: Highest Converting On-Ramp
03:55 Three Eras Of On-Chain Payments
05:38 KYC Bad Risk Models
06:01 99% Fiat To Stablecoins
06:39 The Costco Revenue Model
07:49 $40M Deposit Must Clear
09:30 Smart Personalized Deposit Flows
23:54 AI At Fun Discussion
25:07 AI Plus Six Nines Caution
26:37 Separating Self From Company
27:30 Stress Is Probably Accurate
29:46 Agentic Payments Are Coming
31:03 AI Needs Blockchains For Money
33:36 Fintech 50 H2 Plan
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We are excited to partner with @okx on Exchange OS.
Open markets need open payments. Fun is the accessibility layer that powers the payment flows of tomorrow. Building the next era of finance, together.
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Today, we announce our $72 million Series A, co-led by @multicoin and @SignalFire.
fun.xyz/news/series-a
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