Eric Schmidt backs Keeta, a startup working to make cross-border payments ‘as easy as Venmo’

Keeta, a new startup developing an instant and secure way to make cross-border payments, raised $17 million in funding from a group of investors led by former Google CEO Eric Schmidt. The investment values the company at $75 million, according to Ty Schenk, founder and CEO of Keeta.
Schenk has been a software engineer since his teenage years, and much of his work prior to starting Keeta was building PayPal-like experiences in the cryptocurrency world. That kicked off his idea for the company and he started working on it in 2021.
Schenk explained that a traditional cross-border payment, for exa

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