Blab Tech
EDGE Markets Secures $29.2 Million Series A, Launches Real-Time Payments for Prediction Markets
EDGE Markets, the fintech firm that builds banking products for gambling, crypto, and prediction markets, announced on June 8, 2026 that it closed a $29.2 million Series A round. CoinFund led the investment, with Indicator Ventures, Mantis VC, Stepstone Group, and Bullpen Capital also participating.
In a CNBC interview, CEO Seni Thomas revealed that the company is rolling out a new real‑time payments system called EDGE Connect. The platform lets users transfer up to $10 million per day from their consumer bank accounts to a Kalshi account within two minutes. EDGE Connect is already live on Kalshi, and EDGE Markets plans to bring the technology to five additional prediction‑market platforms in the coming months.
At the same time, EDGE Markets launched EDGE Pro, a hub aimed at institutional market makers. Thomas explained that traders often need to shift liquidity across multiple pools that offer similar contracts, and a fast, real‑time infrastructure is essential. EDGE Pro will streamline moving capital between the various prediction markets regulated by the Commodity Futures Trading Commission (CFTC).
Founded in 2020 by Thomas, EDGE Markets’ first product, EDGE Boost, went live in March 2025 and has already processed more than $2 billion in transactions.
The new payments product arrives amid a broader shift toward instant payouts in consumer finance. A PYMNTS Intelligence report found that 74 % of consumers reported receiving at least one instant payout in November, the highest level in a six‑year tracking period. The same report noted that 70 % of consumers who need funds quickly prefer instant payments after trying them once, and 72 % of those who receive their core income via instant payments are willing to pay a fee for immediacy.
These findings underscore that consumers value quick access to funds and are willing to pay for convenience, especially when urgency is involved.
The Series A capital will support EDGE Markets’ expansion of its real‑time payments infrastructure and the development of EDGE Pro. While the company has not yet set a definitive rollout date for the other five platforms, it has indicated that the technology will be available within the next several months.
Regulatory oversight remains a key factor for EDGE Markets. Its products are designed to operate within the CFTC’s framework for prediction markets and the regulatory requirements of the financial institutions that provide the underlying banking services. No regulatory actions or court proceedings have been reported against the company.
At present, EDGE Markets has the funding to accelerate its product roadmap and has begun to demonstrate the feasibility of high‑velocity payments to prediction‑market participants. The next steps include scaling EDGE Connect to additional platforms, launching EDGE Pro for institutional traders, and monitoring consumer demand for instant payouts.
The company’s statements and the funding round details are confirmed by the press releases issued on June 8, 2026 and by coverage from multiple independent news outlets.
This story illustrates how fintech firms are adapting payment infrastructure to meet the demands of niche markets such as prediction betting, while also aligning with broader consumer preferences for instant access to funds.
In a CNBC interview, CEO Seni Thomas revealed that the company is rolling out a new real‑time payments system called EDGE Connect. The platform lets users transfer up to $10 million per day from their consumer bank accounts to a Kalshi account within two minutes. EDGE Connect is already live on Kalshi, and EDGE Markets plans to bring the technology to five additional prediction‑market platforms in the coming months.
At the same time, EDGE Markets launched EDGE Pro, a hub aimed at institutional market makers. Thomas explained that traders often need to shift liquidity across multiple pools that offer similar contracts, and a fast, real‑time infrastructure is essential. EDGE Pro will streamline moving capital between the various prediction markets regulated by the Commodity Futures Trading Commission (CFTC).
Founded in 2020 by Thomas, EDGE Markets’ first product, EDGE Boost, went live in March 2025 and has already processed more than $2 billion in transactions.
The new payments product arrives amid a broader shift toward instant payouts in consumer finance. A PYMNTS Intelligence report found that 74 % of consumers reported receiving at least one instant payout in November, the highest level in a six‑year tracking period. The same report noted that 70 % of consumers who need funds quickly prefer instant payments after trying them once, and 72 % of those who receive their core income via instant payments are willing to pay a fee for immediacy.
These findings underscore that consumers value quick access to funds and are willing to pay for convenience, especially when urgency is involved.
The Series A capital will support EDGE Markets’ expansion of its real‑time payments infrastructure and the development of EDGE Pro. While the company has not yet set a definitive rollout date for the other five platforms, it has indicated that the technology will be available within the next several months.
Regulatory oversight remains a key factor for EDGE Markets. Its products are designed to operate within the CFTC’s framework for prediction markets and the regulatory requirements of the financial institutions that provide the underlying banking services. No regulatory actions or court proceedings have been reported against the company.
At present, EDGE Markets has the funding to accelerate its product roadmap and has begun to demonstrate the feasibility of high‑velocity payments to prediction‑market participants. The next steps include scaling EDGE Connect to additional platforms, launching EDGE Pro for institutional traders, and monitoring consumer demand for instant payouts.
The company’s statements and the funding round details are confirmed by the press releases issued on June 8, 2026 and by coverage from multiple independent news outlets.
This story illustrates how fintech firms are adapting payment infrastructure to meet the demands of niche markets such as prediction betting, while also aligning with broader consumer preferences for instant access to funds.
