Web3 banking service provider Klickl completes $25 million Series A financing, led by Web3Port Foundation and Aptos Labs

Odaily Planet Daily Report: Klickl International, a Web3 banking service provider headquartered in the United Arab Emirates, announced the completion of a $25 million Series A funding round, with a valuation of $125 million. The round was co-led by Web3Port Foundation and , with participation from Summer Ventures, Heritage Horizon Capital, V2 Capital, and other institutions. Klickl plans to launch two major projects in Q4 2024: Klickl Labs, a joint venture with Summer Ventures focused on building cross-border remittance and digital payment infrastructure in high-growth markets in the Middle East and Africa; and Klickl Foundation, which will invest in the Klickl Web3 ecosystem. As a strategic partner, Web3Port Foundation will serve as a limited partner in the Klickl Foundation Web3 fund. Klickl was founded in 2017 and is dedicated to building a global stablecoin ecosystem that connects digital finance and traditional finance. (Chainwire)