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Stock impact report

AI-Powered Leap Financial Raises $3.5 Million Seed Round Led By Fuel Venture Capital [Yahoo! Finance]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
MIAMI, December 20, 2024 BUSINESS WIRE Leap Financial today announced a $3.5 million seed raise led by Fuel Venture Capital , with investment in the Miami-based fintech startup coming from Ascendo Venture Capital. Leap provides a seamless service that allows financial and non-financial institutions to participate in cross-border money flows, eliminating inefficiencies and helping immigrants send money home. Leap specializes in embedded remittances and embedded payments, offering AI-enhanced engagement, efficient cross-border transactions, and integrated end-to-end payment solutions. Leap Financial combines its proprietary X-Border Payments Platform with a Native AI super agent (Lola) and its existing embedded financial banking and payment services infrastructure. Leap is the leading contender in embedded digital remittances, transforming how traditional cross-border transfers work to remove cash from the equation and leverage more secure, compliant and cost-effective digital remitt Show less Read more
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