TransactionLink Raises €5 Million in Seed Round

by Kay Aloha Villamor in October 12th, 2023

TransactionLink, a Berlin, Germany-based no-code platform, raised €5 million in a seed round.

SaaS Investors

The funding round was led by White Star Capital, with participation from existing investor Target Global.

White Star Capital is a global multi-stage technology investment platform that invests in exceptional entrepreneurs building ambitious, international businesses. Operating out of London, New York, Montreal, Toronto, Paris, Tokyo, and Singapore.

TransactionLink Use of Funds

The newly raised capital will be used to further develop the KYB product and support the expansion of TransactionLink's offices in Berlin and London.

About TransactionLink

Transactionlink is an automation platform for building complete digital onboarding experiences. Its no-code platform helps FinTech-enabled companies worldwide navigate the complexities of regulations, geographies, and industry-specific requirements of digital onboarding. TransactionLink's KYB product aims to help companies streamline their onboarding processes and KYB requirements, improving efficiency and reducing costs. It offers more than 150 ready-made integrations with common KYB/KYC data sources across over 100 geographies.

Funding Details

Company: TransactionLink

Raised: €5.0M

Round: Seed Round

Funding Month: October 2023

Lead Investors: White Star Capital

Additional Investors: Target Global

Company Website: https://www.transactionlink.io/

Software Category: KYB/KYC Onboarding Automation

Source: https://tech.eu/2023/10/11/berlins-transactionlink-secures-eur5m-for-kyb-product-development/


Your cart