Tech Company Financing Transactions

Paxos Funding Round

On 12/18/2020, Paxos raised $142 million in Series C funding from Declaration Partners, Alua Capital and private investors.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series C
Proceeds Purpose
Paxos will use this capital to accelerate growth, including scaling its operations and platform capacity to meet the demands of its expanding customer base.

Company Information

Company Status
Private & Independent
Mailing Address
1 State St.
New York, NY 10004
Email Address
Paxos is the first Blockchain-powered Trust, building products to simplify settlement and eliminate risk. Eliminating settlement risk starts with the ability to settle assets and payments simultaneously. That's why Paxos combines regulated Trust status with distributed ledger technology to create a modern settlement platform.
Paxos LinkedIn Company Profile
Social Media
Paxos Company Twitter Account
Company News
Paxos News
Paxos on Facebook
Paxos on YouTube

Management Team

Email & Social
Chief Executive Officer
Charles Cascarilla
  Charles Cascarilla LinkedIn Profile  Charles Cascarilla Twitter Account  Charles Cascarilla News  Charles Cascarilla on Facebook
Chief Information Officer
Nick Selby
  Nick Selby LinkedIn Profile  Nick Selby Twitter Account  Nick Selby News  Nick Selby on Facebook
Chief Operating Officer
Andrew Chang
  Andrew Chang LinkedIn Profile  Andrew Chang Twitter Account  Andrew Chang News  Andrew Chang on Facebook
Rich Teo
  Rich Teo LinkedIn Profile  Rich Teo Twitter Account  Rich Teo News  Rich Teo on Facebook
VP - Bus. Development
Walter Hessert
  Walter Hessert LinkedIn Profile  Walter Hessert Twitter Account  Walter Hessert News  Walter Hessert on Facebook
VP - General Counsel
Daniel Burstein
  Daniel Burstein LinkedIn Profile  Daniel Burstein Twitter Account  Daniel Burstein News  Daniel Burstein on Facebook
VP - Marketing
Dorothy Chang
  Dorothy Chang LinkedIn Profile  Dorothy Chang Twitter Account  Dorothy Chang News  Dorothy Chang on Facebook



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