Bleap, a "blockchain bank account" founded by former Revolut employees Joao Alves and Guilherme Gomes, has completed a $2.3 million seed round of financing, led by Ethereal Ventures. Other participants include Maven11, Alliance DAO, Robot Ventures and Credibly Neutral, as well as investors from Revolut, Phantom, OKX, EigenLayer and Consensys. After this round of financing, the company's valuation reached $10 million.
It is reported that Bleap is a self-custodial stablecoin payment application. Users can make stablecoin payments through bound Mastercard cards and enjoy zero conversion fees and up to 2% cashback. The application is based on Ethereum Layer 2 network Arbitrum, supports stablecoins such as USDC and USDT, and is scheduled to be fully launched in Q1 2025. Bleap provides decentralized financial (DeFi) income and fee-free global transfer services by combining blockchain technology with banking services. In addition, Bleap is registering as a Polish virtual asset service provider (VASP) and plans to launch its own token in 2026.