TripleA Founder and CEO Eric Barbier
TripleA, a crypto payments company holding a Digital Payment Token license from the Monetary Authority of Singapore (MAS), has secured US$4 million in a funding round led by Razer’s corporate ventures arm zVentures.
TripleA Founder and CEO Eric Barbier said: “This strategic investor partnership with zVentures brings knowledge, connections and consultancy in the gaming sector for TripleA, a key vertical for crypto payments.”
TripleA was founded by Eric Barbier, a serial fintech entrepreneur. In 1999, he co-founded Mobile 365, a mobile messaging hub which reached a subscriber base of over 400 million. It was acquired by Sybase (now SAP) for US$425 million. He then founded TransferTo (now Thunes and DTone) in 2006.
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TripleA helps businesses increase their revenue by enabling crypto payments and payouts. With its white-label, easy setup, instant confirmation, locked-in exchange rate, real-time fiat conversion, and no chargeback crypto payment solution, TripleA claims it meets the needs of all businesses. This includes e-commerce merchants, retailers, game providers, PSPs, fintech, marketplaces and tech companies.
Right now, crypto has immense potential to be more involved in the gaming industry. According to a World Asset eXchange, 80 per cent of gamers are interested in using cryptocurrency to make transactions within gaming.
zVentures is an early-stage venture arm and an integral part of its strategic investment activities. It typically invests in seed and Series A startups across gaming, consumer tech, deep tech and sustainability globally that can add strategic value to the Razer ecosystem.
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