Fundraise

Nara raises $500K pre-seed from YZi Labs for September PayFi launch

What's the deal? NaraDealroom has a profile for this one. Try Dealroom → has closed a $500,000 pre-seed round from YZi LabsDealroom has a profile for this one. Try Dealroom →, the former Binance Labs investment vehicle. The startup builds yield-bearing PayFi infrastructure tied to real payment and receivables flows.

Why now? The round follows Nara's 10-week run at EASY Residency Season 4 in Bhutan. On demo day, the team pitched directly to CZ Binance, the King of Bhutan, and a group of digital-asset investors.

What's the endgame? Nara plans a public launch in September. It will use the capital and YZi Labs' network to refine the product ahead of that debut.

The signal: The deal underscores how accelerator residencies are becoming a pipeline for early crypto fundraising, with founders converting demo-day access into checks from marquee backers.

Read more: blockchain.news

Image credit: raisin_raisin

Source: dealroom

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