According to ChainCatcher, Biptap, a privacy-focused fintech company, announced the completion of a $2 million Pre-Seed round of financing. The names of the investors have not been disclosed yet, but it is reported that they include several Web3 decentralized investment funds, a travel service provider with a network of 2.5 million hotels, a crypto technology company that once owned the MotoG racing team, and the former founder of a crypto investment fund. Its current business is mainly in the Web3 field, and the new funds will be used to expand its business to markets outside of Web3 to ensure that users can control their own financial transactions with privacy as the core.