P2P.me, a rising crypto payments startup, has raised $2 million in seed funding to reshape how people spend crypto in the real world. The round was led by Multicoin Capital and included investment from Coinbase Ventures, signaling strong support from top names in the Web3 space.
The app offers a smooth solution for users who want to pay with stablecoins like USDC, even when vendors only accept fiat. It does this through a decentralized network of intermediaries who handle the exchange — converting digital currency into local fiat, typically in under 90 seconds.
Targeting countries with growing QR code-based economies, P2P.me is built to make everyday spending in crypto feel as easy as using a local mobile wallet.
What makes P2P.me different is its identity system. Instead of requiring full KYC, the app uses a Web3-style approach based on social proof and optional ID checks, all secured with zero-knowledge proofs. This keeps user data private while building enough trust to allow transactions.
With this fresh funding, P2P.me plans to expand its reach, grow its user network, and make crypto payments as fast and familiar as cash — no bank account needed.
