Leap Financial announce the 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.
Read also – Plume Raises $20 Mn Series A to Revolutionize RWAs
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.
Read also – Mantis Robotics Secures $5 Mn to Redefine Robotics
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.
About Leap Financial
Founded in 2018, Leap Financial pioneers the fusion of fintech and AI, transforming financial services and customer interactions. We specialize in Conversational Banking, Embedded Remittances, and Embedded Payments, offering AI-enhanced engagement, efficient cross-border transactions, and integrated end-to-end payment solutions.
