WasabiCard Raises Pre-Series A, Totaling ~$10M for Card-Issuing Infrastructure

WasabiCard, a Singapore-based payment infrastructure platform, announced on Jun 3, 2026 that it closed its Series Pre-A funding round. Combined with earlier financing, the company has raised nearly $10 million from Vernal Capital, Avenir Group, Vision Plus Capital, and 01VC. The platform connects stablecoins with real-world financial applications, offering enterprise card issuing, payout infrastructure, and programmable payment workflows.

Since launch, WasabiCard has served more than 500 enterprise clients, issued over 500,000 cards, and processed more than $1 billion in cumulative transaction volume. The new capital will fund expansion of its global payment infrastructure and stablecoin-powered card and payout capabilities. The company also plans to invest in AI Agent payment support and compliance.