Veera’s $10M Boost: Inside the Singapore Crypto Startup Redefining On-Chain Finance
Singapore’s Veera, a mobile-first crypto financial services startup, has just secured $10 million in combined pre-seed and seed funding as it gears up to expand its on-chain financial ecosystem globally. The fundraising — led by Sigma Capital, CMCC Titan Fund, 6th Man Ventures, and Ayon Capital among others — signals sustained investor confidence in practical, user-focused crypto products amid broader market volatility. (FinSMEs)
From Pre-Seed to Promise: How Veera Secured Its Latest Raise
The $10M total consists of:
- $6M Pre-Seed raised in May 2024, backed by venture groups including 6th Man Ventures, Folius Ventures, Reflexive Capital, and more.
- $4M Seed Round, with lead commitments from CMCC Titan Fund and Sigma Capital plus strategic angel backers. (FinSMEs)
Veera plans to channel the funding into accelerating product development and global expansion of its on-chain financial platform — building toward a future where everyday users can access decentralized financial tools without friction. (AInvest)
What Veera Is Building: A Consumer-Ready On-Chain Financial OS
At its core, Veera is designing a mobile-first financial operating system that unifies key decentralized finance (DeFi) products and services into a single, intuitive interface. The goal is to replace the fragmented experience of switching between decentralized apps (dApps) with something far simpler and more accessible. (AInvest)
Key elements of the platform include:
- Self-custody wallet support — users control their own assets directly.
- Aggregated earning and yield options — from token staking to real-world asset tokens.
- Investment, borrowing, and spending tools — all within one app.
- Veera Card waitlist — a feature aimed at enabling on-chain spending globally. (Bitget)
The platform has already seen strong early traction:
- 2M+ downloads
- ~220,000 monthly active users
- 300,000+ multichain wallets
- 70,000+ holders of its RWA Gold Token (VGT) …all since its launch in January 2025. (FinSMEs)
Why This Matters: Bridging Crypto and Everyday Finance
Veera’s vision hits at one of DeFi’s biggest hurdles: usability. Traditional DeFi tools often require technical know-how and juggling multiple interfaces, which limits adoption outside crypto-savvy communities. By designing a mobile experience that feels more like everyday finance than specialized tech, Veera is attempting to make on-chain finance truly mainstream. (MEXC)
Investors clearly see this as a differentiator. According to Sigma Capital’s Vineet Budki, Veera’s approach of aggregating yields, tokenized assets, and financial tools lowers longstanding barriers between traditional finance and DeFi — a key step toward broader financial inclusion. (MEXC)
Looking Ahead: Aiming for 100 Million Users
With its freshly raised capital, Veera has bold plans:
- Accelerate feature rollouts across regions
- Onboard millions to its financial OS
- Deepen financial inclusion, especially in emerging markets where mobile finance dominates users’ access to banking tools. (AInvest)
If successful, Veera could reshape how millions engage with digital assets — bringing crypto out of niche apps and into daily financial life.
📘 Glossary
DeFi (Decentralized Finance): A blockchain-based alternative to traditional financial systems that operates without intermediaries like banks.
Self-Custody Wallet: A wallet where users hold their private keys — meaning they retain full control of their crypto assets.
On-Chain: Transactions or data directly recorded on a blockchain.
Real World Assets (RWA): Tokenized versions of physical or traditional financial assets (like gold or property) on the blockchain.
Mobile-First: A product design strategy prioritizing smartphone user experience.
Source: https://www.techinasia.com/news/sg-crypto-startup-veera-raises-10m (Tech in Asia)
