Klickl International Secures $25 Million in Series A Funding to Expand Digital Financial Services
Klickl International, a company specializing in Web3 banking services, has raised $25 million in a Series A funding round to support its expansion plans.
The round was led by Web3Port and Aptos Labs, with participation from global investors and venture capital firms, including Summer Ventures, Heritage Horizon Capital, V2 Capital, Alpha Square Group, Heng Feng Group, Trend Investment, and Bond Group.
The funding has helped Klickl International achieve a valuation of $125 million, reinforcing its expansion efforts to enhance digital financial services across Asia, Africa, and the Middle East.
According to a report released by Klickl International, the company plans to utilize the new investment to broaden its operations, focusing on providing innovative cross-border payment solutions and strengthening digital infrastructure in the targeted regions.
These efforts aim to promote sustainable development and accelerate the global transition toward financial technology.
Currently, Klickl is preparing to launch two new platforms by Q4 2024:
- Klickl Labs: This platform will focus on fostering strategic partnerships in emerging markets, enabling the company to establish long-term relationships with key players in the sector.
- Klickl Foundation: It will concentrate on developing a financial Web3 ecosystem and setting new global standards to regulate and enhance the digital payments industry.
Michael Chao, the company’s CEO, confirmed that Klickl has obtained full licensing from Abu Dhabi Global Market, enabling it to legally and officially provide Web3 banking services.
He further emphasized that Klickl has become the first in the region to offer cryptocurrency custody and brokerage services, strengthening its position as a leading provider of modern digital financial services.
