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Caliza raises $5.3m in Seed funding

Brazilian based embedded finance startup raised $5.3m in Seed funding led by Better Tomorrow Ventures and Abstract Ventures.

“National payment systems are improving rapidly with Central Banks launching real-time payment systems like Pix (Brazil), SPEI (Mexico), and UPI (India), among others, but there is still a large void in cross-border payments and banking. Caliza is looking to solve this problem so that everyone can thrive in a global economy. And today, we’re taking that first step in Brazil. As the future unfolds, we envision Caliza being the universal system that fuels the adoption of instant global transactions,”

Tags

payments, real time payments, cross border payments, latam, brazil