Fintech dApp Startup Clave Raises $1.6 Million in Pre-Seed Funding Round

According to BlockBeats, fintech dApp startup Clave has successfully raised $1.6 million in a pre-seed funding round. The round was led by Matter Labs, with participation from Safe, Lambda Class, Mirana Ventures, and angel investors Sandy Peng of Scroll, Raj Parekh of Portal, Anurag Arjun of Avail, and several industry leaders.

Originating from Opclave, which debuted at the 2023 ETHGlobal Scaling Ethereum Hackathon, Clave aims to provide a simpler blockchain experience for everyone. The company is currently developing a non-custodial wallet designed to offer users a friendly, comprehensive financial experience through hardware-level security elements, such as Passkeys. Additionally, Clave is introducing account abstraction features to simplify wallet creation and usage. Users can create accounts with a single click, receive and send tokens using links and nicknames, and even split bills with friends.