US based startup which provides tax-compliant hybrid crypto and cash payroll services raised $2.9m in Seed funding led by Gumi Cryptos Capital and CMT Digital.
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Franklin raises $2.9m in Seed funding
“We’re focused on providing a more flexible payroll experience, which is why we have a hybrid cash and crypto product,” Franklin founder and CEO Megan Knab told Decrypt. “We found that lots of Web3 native teams wanted to be using crypto, but the administrative burden of it—from tax form generation, the compliance side, accounting side—was too big of a burden for them.”
