Leap Financial, a Miami, FL-based fintech startup, raised $3.5M in Seed funding.
The round was led by Fuel Venture Capital.
The company intends to use the funds to respond to the demand and to add new customers generated by its strategic partnership with Mastercard and additional business development activity.
Founded by Lionel Carrasco and Marcela Henao, Leap provides a service that allows financial and non-financial institutions to participate in cross-border money flows, eliminating inefficiencies and helping immigrants send money home. It specializes in embedded remittances and embedded payments, offering AI-enhanced engagement, efficient cross-border transactions, and integrated end-to-end payment solutions. The company combines its proprietary X-Border Payments Platform with a Native AI super agent (Lola) and its existing embedded financial banking and payment services infrastructure.
FinSMEs
19/12/2024