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Web3 banking provider Klickl completes $25 million Series A funding round

Klickl International, a UAE-based Web3 banking services provider, announced the completion of a $25 million Series A funding round at a valuation of $125 million. The round was co-led by the Web3Port Foundation and Aptos Labs, with participation from Summer Ventures, Heritage Horizon Capital, and V2 Capital. Klickl plans to launch two major projects in the fourth quarter of 2024: Klickl Labs, a partnership with Summer Ventures focused on cross-border remittance and digital payments infrastructure building in high-growth markets in the Middle East and Africa, and the Klickl Foundation, an investment in the Klickl Web3 ecosystem. As a strategic partner, the Web3Port Foundation will serve as a limited partner in the Klickl Foundation Web3 Fund.