PANews reported on December 8th that AllScale has completed a seed round of financing of approximately $ 5 million , led by YZi Labs ( EASY Residency S2 ), with participation from Informed Ventures and Generative Ventures . AllScale has also established an ecosystem partnership with BNB Chain . Positioning itself as a self-custodied stablecoin " neobank , " AllScale targets micro-enterprises and freelancers globally, providing stablecoin payment, invoicing, and settlement tools. It supports account abstraction and LLM financial assistance, highlighting its passkey wallet (no mnemonic phrase required) and multi-chain " paymaster " payment service, offering zero gas and low latency. The platform is already integrated with BNB Chain and a high-efficiency Layer 2 architecture, and plans to expand to Latin America next quarter. It also stated that it has established a partnership with the African freelancer community.