3 years ago

Leatherback Raises $10 Million in Pre-Seed Funding for Cross-Border Payments Platform

  • Leatherback, a London-based cross-border payments platform, has secured $10 million in Pre-Seed funding led by Zedcrest Capital

  • The company plans to use the investment for strategic hiring, marketing and branding efforts, and market traction

  • Leatherback offers multi-currency accounts and facilitates transactions across 40 countries, supporting businesses and individuals in their global endeavors.

      • ProblemFinancial Services

      "Businesses struggle to move money between different countries quickly and easily. Existing payment systems are often slow, expensive, and inconvenient, especially when dealing with multiple currencies."

      Solution

      "Leatherback provides a digital payments infrastructure that allows businesses and individuals to conduct global transactions quickly and efficiently. It offers multi-currency accounts, instant currency exchange across multiple countries, and the ability to remit funds to over 40 countries. Businesses can also invoice and collect payments in over 13 currencies."

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