US based startup serving businesses making international payments raised $7.6m in Seed funding led by Accomplice VC, Vinyl Capital, and One Way Ventures.
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Koverly raises $7.6m in Seed funding
“Inventory is the lifeblood for importing businesses and it is directly impacted by cash flow. Our KoverlyPay offering for FX transactions is designed to give businesses enough extra working capital to unlock at least one additional inventory turn per year. For a typical importing business this can boost annual profitability by 50-100%. This is a game changer for global trade.”
