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Sorted Wallet raises $4.4M seed to expand stablecoin payments on low-cost phones in emerging markets

Market News
20 May 2026
Crypto news
View Source
Bullish
pluang ai news

Sorted Wallet secured $4.4 million in seed funding led by Tether and Gnosis to grow its crypto payment infrastructure in emerging markets. The wallet's lightweight 10MB app, which supports low-end phones, has reached 500,000 downloads across Africa, South Asia, and Central America. The new capital will fund telecom integrations and new stablecoin payment tools, targeting users with limited smartphone and banking access. This investment aligns with Tether's focus on expanding crypto financial inclusion beyond traditional banking and expensive devices.

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