# Squads: Financial services, Solana, Philippines

> Squads: Squads is a financial technology company that specializes in products and APIs for the stablecoin economy and onchain finance, particularly focusing...

Source: https://millionrounds.com/startup/squads-5 (Millionrounds; every figure on the page links to its filing or article)

Philippines · [Financial services startup](https://millionrounds.com/companies)

# Squads

Squads is a financial technology company that specializes in products and APIs for the stablecoin economy and onchain finance, particularly focusing on Solana and SVM infrastructure.

Funding reported Last round: Venture (Round not Specified)

Financial services Solana, Philippines

Company summary

- **Founded:** 2021 5 years old
- **Team:** 38 11 to 50 people
- **Funding reported:** 40.2M as listed, currency not stated
- **Last round:** Venture (Round not Specified) Oct 2025

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Squads has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Squads

Squads is a financial technology company that specializes in products and APIs for the stablecoin economy and onchain finance, particularly focusing on Solana and SVM infrastructure.

The company aims to enhance financial services for businesses, individuals, and developers by building on open infrastructure. Its offerings include Squad Multisig, a multisig solution for Solana teams, and Fuse, a personal finance app for stablecoins and tokenized assets. Additionally, Squads provides infrastructure for financial services, programmable accounts, and enterprise solutions such as treasuries and automated operations. The platform is built on Squads Protocol, an open-source smart contract wallet infrastructure for Solana. Squads also features Altitude, a financial operating system that includes multi-currency accounts and corporate cards. The company targets a diverse market, including businesses, teams, developers, and enterprise users engaged with Solana and programmable finance.

## What company datasets say Squads raised

Funding, as reported

Reported in all **40.2M** in the source's currency

Last round **Venture (Round not Specified)**

Last round size **18M**

Last round date **Oct 2025**

## On 4 portfolio pages

Investors who name them

- [6th Man Ventures](https://millionrounds.com/fund/6mv)
- [Haun Ventures](https://millionrounds.com/fund/haun-ventures)
- [Marin Digital Ventures](https://millionrounds.com/fund/marin-digital-ventures)
- [Osiyan Capital](https://millionrounds.com/fund/osiyan-capital)

Each firm lists Squads on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

consumers defi blockchain-native infrastructure information technology & services financial services finance smart accounts stablecoins securities and commodity contracts intermediation and brokerage b2c fintech tokenized assets saas programmable payments onchain payments services

Built with from their website

Google Tag Manager Panda CSS Google Workspace Viewport Meta LinkedIn Ads Google Drive AWS Analytics Temporal Cloud Apple Business Manager Google Meet

+8 more

Priority Hints React Google Font API Apollo Mobile Friendly Open Graph Amazon Route 53 AT&T

- **Sector:** Financial services
- **Industry code:** NAICS 5231, 522320, 513210, SIC 6732, 7372, 7389
- **Region:** Cagayan Valley
- **Revenue:** 1.5M a year, as listed

## Financial services in Philippines

Startups like it

- [**OneLot** Makati · founded 2023 *Raised*](https://millionrounds.com/company/onelot)
- [**PayMongo** Taguig · founded 2019 *Raised*](https://millionrounds.com/company/paymongo)
- [**Maya** Mandaluyong · founded 2013](https://millionrounds.com/startup/maya-3)
- [**PayMaya Philippines** Mandaluyong · founded 2013](https://millionrounds.com/startup/paymaya-philippines)
- [**coins.ph** Pasig · founded 2014](https://millionrounds.com/startup/coins-ph)
- [**Asialink Group of Companies** Pasig](https://millionrounds.com/startup/asialink-group-of-companies)
- [**PDAX** Pasig · founded 2018](https://millionrounds.com/startup/pdax)
- [**Advance** Makati · founded 2018](https://millionrounds.com/startup/advance)

## Is this your company?

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