Web3 settlement protocol Kima completes $5 million financing, with participation from Blockchange and Mastercard.

according to The Block, the Web3 settlement protocol Kima announced the completion of a $5 million financing round, with participation from Blockchange, Mastercard's FinSec Innovation Lab, and several angel investors.

It is reported that Kima has established a settlement protocol that connects traditional financial services such as fiat bank accounts and credit cards with decentralized financial tools.