Ping, a Miami, FL-based provider of a payment platform for freelancers and contractors, raised $15M in Seed funding.
The round was led by Y-Combinator, Race Capital, BlockTower, Danhua Capital, Signum Capital and Goat Capital.
The funds raised will be allocated toward team expansion, hires for marketing and sales.
Founded by Pablo Orlando, Mary Saracco and Jack Saracco, Ping provides a platform that enables any individual, organization or company to create a free international account in US dollars and receive bank transfers – either in their foreign currency or cryptocurrency – instantly. Embedded in the platform is its invoicing system where users can send invoices directly to their employers. Additionally, through it, users can buy and receive cryptocurrencies such as Bitcoin, Ethereum and Litecoin.
