Dubai-based Web3 banking startup Klickl has raised US$25 million in a series A funding round, valuing the company at US$125 million.
The funding was co-led by Web3Port Foundation and Aptos Labs, with participation from investors such as Summer Ventures, Heritage Horizon Capital, and V2 Capital.
Klickl plans to launch Klickl Labs, focusing on Web3 banking, virtual asset services, and crypto payments in the Middle East and Africa, while Klickl Foundation will invest in the PayFi industry.
Web3Port Foundation will act as a strategic partner to help Klickl expand.
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