AbbeyCross Raises $2.47M in Pre-Seed Funding
- AbbeyCross, a London, UK-based provider of a B2B trading and compliance marketplace, raised $2.47m in pre-seed convertible note funding
- The round was led by Third Prime with participation from Communitas Capital and 11 strategic angel investors coming from the payments industry
- The company intends to use the funds to expand operations and develop the solution
- The company is a business-to-business FX trading and compliance marketplace for emerging market (EM) currencies
- Available to banks and payment providers, it brings EM currency liquidity, price transparency and market data to a fragmented EM payment industry
