AllScale, the pioneering self-custody financial platform for global microbusinesses, has announced the successful completion of a $5 million Seed round. The funding was led by YZi Labs (through EASY Residency Season 2), Informed Ventures, and Generative Ventures, with additional participation from other prominent institutional investors. The company also holds the status of an official ecosystem partner of BNB Chain.
Building the "Super Individual" Economy with a Veteran Team
AllScale is establishing a new digital finance category with a platform designed for anyone, anywhere, to send or receive stablecoin payments in minutes without requiring a traditional bank account or complex crypto keys. The company's core mission is to provide the essential payment infrastructure for the emerging generation of "super individuals" and small to medium-sized businesses (SMBs).
The company was founded by a team comprising seasoned veterans with extensive expertise in distributed systems, compliance, payments, and growth strategies. AllScale's founding members bring a wealth of experience from prominent organizations such as Binance, OKX, Kraken, Block, Capital One, TikTok, Amazon, Dell, and HP. The company is also supported by early investors including Amber Group and Draper Dragon. Their collective vision is to develop financial tools that are as fast, accessible, and scalable as the AI era demands.
YZi Labs highlighted their investment decision, stating, "Our investment is driven by early indicators of strong product-market fit, supported by organic traction and solid retention metrics. AllScale is well-positioned to capture market share by combining the speed and transparency of stablecoins with a user experience aligned to the operational and compliance needs of modern businesses."
Serving Global Microbusinesses as a Non-Custodial Platform
Traditional payment platforms often present significant challenges for crypto-native or cross-border companies, including high fees, lengthy settlement times, and stringent account reviews. AllScale directly addresses these issues through its proprietary infrastructure, which facilitates instant stablecoin transactions, secure self-custody wallets, and professional invoicing tools.
By utilizing account abstraction and LLM-enabled financial copilots, AllScale empowers SMBs to manage stablecoin-based invoicing, checkout processes, and payouts across international borders. The ultimate goal is to make blockchain technology virtually invisible, enabling businesses to seamlessly complete the "last mile" of stablecoin adoption.
David Yin, Partner at Informed Ventures, commented, "We believe stablecoins unlock new borderless financial services for SMBs, the world’s most underserved segment. A stablecoin-powered non-custodial neobank finally gives these SMBs the speed, control, and access to advanced financial products that were previously reserved for large enterprises. AllScale has the right team and experience to deliver this."
A New Financial Layer for the AI and Freelance Economy
With over 1.4 billion adults globally still unbanked and millions of freelancers facing persistent payment barriers, AllScale offers a crucial solution for managing cross-border income and commercial activities. The platform has already forged partnerships with leading freelancer communities in Africa and has plans for expansion into Latin America in the upcoming quarter.
AllScale's innovative approach merges blockchain transparency with a user-friendly interface. Its passkey-based wallet eliminates the complexities associated with seed phrases while ensuring full user control over funds. Additionally, its multi-chain "paymaster" sponsorship architecture guarantees low latency and zero gas costs for global transactions. AllScale's wallet is currently integrated with BNB Chain and other high-efficiency Layer 2 networks.
Will Wang, Partner at Generative Ventures, stated, "AllScale is redefining the standard for crypto-native banking, demonstrating a rare depth of technical excellence and regulatory clarity. We’re excited to partner with the team as they bring the next generation of digital banking to a global audience."
About AllScale
AllScale is a self-custody stablecoin neobank that enables instant, secure, and borderless payments for global microbusinesses, including content creators and freelancers. By leveraging account abstraction and LLM-enabled financial copilots, AllScale empowers SMBs to access stablecoin-based invoicing, checkout, and payouts across borders.