
December 9, 2024
Klickl International, a UAE-based leader in Web3 financial services, has finalized a $25 million Series A funding round, pushing its valuation to $125 million. The round was led by Web3Port Foundation and Aptos Labs, with additional backing from Summer Ventures, Heritage Horizon Capital, and others. The oversubscribed funding underscores expanding investor interest in Web3 banking.
The funds raised will support the establishment of Klickl Labs and the Klickl Foundation, two key initiatives designed to strengthen the company’s presence in emerging markets across the Middle East and Africa. Klickl Labs will focus on strategic joint ventures to advance Web3 banking, virtual asset services, and crypto payment solutions, while the Klickl Foundation will invest in digital finance ecosystems, particularly in cross-border remittance and digital payment infrastructure.
With plans to prioritize innovation in high-growth regions, Klickl aims to position itself as a leader in Web3 financial services. By leveraging these new initiatives, the company intends to enhance its platform’s capabilities, addressing the demand for reliable digital banking solutions. Klickl’s strategy underscores its commitment to driving Web3 adoption in markets where digital finance is becoming increasingly integral.
About Klickl
Founded in 2017, Klickl is headquartered in Abu Dhabi and operates as a Web3 financial platform offering a range of services, including digital banking, crypto trading, and payment solutions. Licensed under Abu Dhabi Global Market (ADGM), the company seeks to bridge traditional finance with digital assets by developing a robust stablecoin ecosystem.
Website:Â https://www.klickl.com/
X: @klicklofficial
About Investors Web3Port Foundation
Specializing in accelerating blockchain innovation, Web3Port Foundation has supported over 1,000 Web3 projects globally. Its expertise includes tokenomics design and fostering adoption of blockchain technology .
Location: New York, USA Website:Â https://www.web3port.us/
Aptos Labs
Known for developing the Aptos Network, this Layer 1 blockchain platform emphasizes low-latency transactions and advanced security through its Move programming language. Aptos Labs focuses on building scalable blockchain solutions.
Location: Palo Alto, California, USA Website:Â https://aptoslabs.com/
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
コメント