Airwallex cofounder and CEO Jack Zhang has a side hustle – a fintech blockchain startup, this time, which has raised $114 million across its Seed and Series A rounds in the last two months.

Alta, previously known as Metal, launched in June, is based in Melbourne and San Francisco, and help banks settle payments 24/7 using blockchain.

Today it announced a US$47.5 million ($67m) Series A round at an undisclosed valuation, led by Index Ventures with support from Google’s venture arm GV, Australian VCs Blackbird and Square Peg, and Capital 49, the investment firm set up by Airwallex’s founders.

The funding will go hiring engineers and compliance specialists, blockchain development and onboarding banks and payment…