January 9

AbbeyCross Raises $6.5 Million for Emerging Markets FX Platform

AbbeyCross, a wholesale FX platform focused on improving the payment market infrastructure for emerging market currencies, has raised US$6.5 million in a seed funding round.

The round, which follows a $2.47 million pre-seed last year, was led by Valar Ventures with participation from BNY Mellon, Third Prime and Gaingels.

photo courtesy of BBC World Service.

Source: FinExtra (link opens in a new window)

Finance, Technology
digital payments, financial inclusion