“With the backing of industry leaders, this funding round marks a pivotal moment for Oobit, propelling us forward in our mission to allow a simple way to pay with digital assets anywhere.” Amram Adar, Oobit’s co-founder and CEO, said in a statement.
![Crypto Payments App Oobit Raises M in Series A Funding Round Led by Tether Crypto Payments App Oobit Raises M in Series A Funding Round Led by Tether](https://www.coindesk.com/resizer/U-EvG47No5N5mOxGsd0mrqOxE5M=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/D3PKEMYQTVH2ZHPT7SO75GNURM.jpg)