Leap Financial is thankful and excited to announce the successful closing of a $3.5M seed round, led by Fuel Venture Capital and Ascendo Venture Capital. A major milestone contributing to the long-term mission to transform cross-border financial inclusion across the US and LAC.
Using technology and industry expertise, Leap Financial enables companies to “Leap forward” and participate in international money flows with minimum friction, cutting-edge technology and innovative user experience.
Leveraging digital remittances and a wide range of financial services through embeddable instant domestic and cross-border payments, transactional
AI agents, and co-branded banking services.
As Lionel Carrasco, CEO and Co-Founder, mentioned during this process “The market's inefficiencies are our opportunity.” Leap Financial offers businesses a way to tap into the growing $155 billion US to LAC remittance market while reducing transaction fees, improving security, and increasing translatability with fully compliant platforms, enabling businesses to easily integrate white-label platforms under their own branding, allowing them to offer their customers affordable and efficient cross-border payment services.
With this funding, Leap is poised to expand its embedded solutions and AI-powered technology to deliver scalable, secure, and innovative solutions.
A huge “Thank you” to Fuel Venture Capital & Ascendo Venture Capital for their trust and support and to Fintech Finance News for being the first to feature Leap Financial in their recent coverage.
👉 Fintech Finance News: Fintech Finance News - Leap Financial Raises $3.5 Million
👉 BizJournals: https://www.bizjournals.com/southflorida/news/2024/12/19/payments-app-startup-leap-financial-funding-raise.html
👉 FinSMEs.com: https://www.finsmes.com/2024/12/leap-financial-raises-3-5m-in-seed-funding.html
👉 Finextra: https://www.finextra.com/pressarticle/103671/leap-financial-scores-35-million-seed-raise
👉 Fintech Collective: https://news.fintech.io/post/102jrql/leap-financial-raises-3-5m-in-seed-funding