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