UK Fintech startup Leatherback raises $10M for its cross-border payments led by ZedCrest
https://techcrunch.com/2022/04/14/uk-fintech-startup-leatherback-raises-10m-for-its-cross-border-payments-led-by-zedcrest/
Immigrants, international students, and the migrant population in general all require international payments, or foreign exchange. Revolut and Wise are among those platforms to have taken advantage of this international audience. Now, Fintech startup Leatherback, UK-based cross-border payments platform, has raised what it describes as a $10 million pre-seed round led by ZedCrest Capital, a pan-African investment firm.
Leatherback offers a multiple currency solution for cross-border transactions.
Co-Founder and CEO Ibrahim Toyeeb said in a statement that the funding would “be deployed to raise Leatherback’s profile in the Fintech arena as well as extend its capacity in the many countries it’s licensed in and where it is about to be approved. These include South Africa, Egypt, Uganda, India, and the UAE.”