Encrypted payments infrastructure company XanPool has raised $41 million in funding from Target Global

BlockBeats, November 25, Forbes reported that XanPool, a crypto payment infrastructure company that provides fiat and cryptocurrency exchange services, has closed a $41 million funding round. The deal reportedly closed in the second quarter of 2022, With a $35 million investment from new London investor Target Global and a $6 million investment from existing investor Antlet Elevate, the company is valued at $400 million. XanPool will use the new capital to accelerate its expansion in Europe, the Middle East, North Africa and Latin America, as well as establish a research and development center in Thailand.