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Announcement

It’s time for the future of money

Bernie Bilotta
• Publilshed
February 19, 2022

The transition to a fair, open and inclusive financial system is taking place all around us. We are well and truly on the verge of everyday people using digital assets without even realising it.

To help us bring about this change even faster, we have teamed up with some strategic investors as part of a $3.75M seed round.

Here’s some of the incredible people we’ve partnered with:

  • Jump Capital
  • Global Founders Capital
  • FinTech Collective
  • DACM
  • CoinList Seed Batch IV
  • Double Peak
  • B Digital
  • Decision Tree Capital
  • Investible
  • 0x Ventures
  • Athena Ventures
  • Valhalla Capital
  • Parsiq
  • Gate.io
  • NxGen
  • Waterdrip Capital
  • Larry Diamond (co-founder at Zip Co)
  • Alvin Singh and Bosco Tan (co-founders at Pocketbook)
  • Heslin Kim (co-founder at Gevulot)
  • Jonty Kelt (founder at Fantail Ventures)
  • Lucas He (co-founder at OP Crypto)

‍

What do our partners say?

Tito Costa, Partner at Global Founders Capital: “We are honoured to partner with the team at Stables. We believe their attention to product, user experience and regulated fiat ramps will finally offer a seamless experience to investors approaching this asset class.”
‍

Sean Lippel, Head of Digital Assets and Partner at FinTech Collective: "We are excited to back a team that has experience building world class fintech products and now aims to bring savvy regulatory compliant stablecoin products to the APAC region and beyond.”
‍

Richard Galvin, CEO at DACM: ”Now that blockchain technology’s capabilities have been demonstrated through the incredible growth of the initial DeFi ecosystem the next phase is scaling that technology to make it accessible to a much broader user-base. We see Stables as an important project striving to make that happen and are excited to partner with the team.”

‍

What next?

Funds raised will enable us to continue development of the backend infrastructure required for seamless onboarding into a better financial system.

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Stables powered by Tiiik Pty Ltd ACN 639 448 490 is a registered Digital Currency Exchange (DCE) provider with AUSTRAC - DCE100780083-001. Tiiik is also registered as an independent remittance dealer with AUSTRAC - IND100780083-001

The Stables Card Mastercard® powered by Tiiik Pty Ltd is issued by EML Payment Solutions Limited ABN 30 131 436 532, AFSL 404 131 ("Issuer"), and is managed by Mastercard Prepaid Management Services Australia Pty Ltd ABN 47 145 044, AFSL 386 837. You should consider the Product Disclosure Statement and Target Market Determination for this product located here. Any advice does not take into account your personal needs, financial circumstances or objectives and you should consider if it is appropriate for you.

* Subject to any surcharge that may be imposed directly by merchants. The Stables Card is unable to be used for purchases related to gambling or adult entertainment. Currently the Stables Card cannot be used in the following countries and geographical regions due to sanctions that are currently in place: Crimea, Iran, North Korea, Sudan, Syria, Donetsk and Luhansk. If you attempt to use your card at merchants in any of these countries and geographical regions, your request will be declined. Additionally, all Mastercards will not work at Russian merchants. In addition, the POS terminals are not owned or operated by the Issuer or Mastercard Prepaid Management Services Australia Pty Ltd and the Issuer or Mastercard Prepaid Management Services Australia Pty Ltd are not responsible for ensuring that merchants will accept the Stables Card. For example, the Issuer and Mastercard Prepaid Management Services Australia Pty Ltd cannot control when a POS terminal is due for maintenance or is faulty of if a merchant chooses not to accept the Stables Card. In such cases, your Stables Card may not function properly or be declined. For more information please see the Product Disclosure Statement.

** Some merchants may charge their own fees and set their own limits.

Mastercard® is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

The Stables Send product is issued by OmiPay Pty Ltd ACN 612 481 768 (AFSL 495025) (“Issuer”) and distributed and administered by Tiiik Pty Ltd trading as Stables (“Stables”) ACN 639 448 490 (AFS Representative No. 001308192). You should consider the Product Disclosure Statement, Financial Services Guide and Target Market Determination for this product located here. Any advice does not take into account your personal needs, financial circumstances or objectives and you should consider if it is appropriate for you."