Offline mapping application Maps.me, with over 140 million users globally has boosted $50 M in a seed funding round. It was managed by the investment company Alameda Research. Among the participants were Genesis Capital and CMS Holdings.
Maps.me will use the capital to integrate DeFi services into the protocol. The company aims to offer a multi-currency wallet, through which it will be possible to book hotels, reach tour guides, and earn interest.
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Maps.me Got $50 M Funding in a Seed Round