Lightspeed Venture Partners led a $18m funding round in Fordefi.

Lightspeed Venture Partners, a venture capital firm, led a $18m funding round in Fordefi, a financial technology and software company, with participation from Electric Capital, Alameda Research, Jump Crypto, Castle Island, Pantera Capital, Illuminate Financial, PayPal Alumni Fund, Nima Capital, Digital Currency Group, and Defiance. The company intends to use the funds to cement its strategic position, accelerate growth and its business reach.