Tangem Pay logo

Tangem Pay

Tangem Pay is a self-custodial payment account integrated into the Tangem Wallet app, providing a virtual Visa card for spending cryptocurrency at merchants wherever Visa is accepted. Users fund the account with USDC on the Polygon network. When a purchase is made, the equivalent USDC is deducted from an on-chain smart contract account and settled through the Visa network in USD. Identity verification through KYC is required. The card is issued by Third National and the service is provided by Paera LLC.
Category: Card

Tangem


Tangem builds hardware wallets for users who want to self-custody digital assets without relying on exchanges or custodians. Users can store, send, receive, swap, stake, and spend crypto across multiple blockchain networks using NFC-enabled card or ring-shaped devices paired with a companion mobile app. The wallets use a secure element chip, require no batteries or cables, and offer a seedless backup system using multiple physical cards.

Funding Rounds

Funding Round: Unknown
Funding Date: 1 May, 2023
Raised Amount: $8M

Funding Round: Unknown
Funding Date: 1 Apr, 2019
Raised Amount: $15M

Investors