Tech Company Financing Transactions
Layer2 Financial Funding Round
Layer2 Financial, based in Toronto, Ontario, received $10.7 million from Galaxy Ventures and Accomplice.
Transaction Overview
Company Name
Announced On
7/31/2024
Transaction Type
Venture Equity
Amount
$10,700,000
Round
Series A
Investors
Galaxy Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds for product development, market expansion, tech infrastructure, and talent acquisition.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
100 King Street West 5600
Toronto, Ontario, L6M 2G7
Canada
Toronto, Ontario, L6M 2G7
Canada
Phone
Undisclosed
Website
Email Address
Overview
Layer2 is a next generation Payments Infrastructure. Our multi-partner platform is designed to provide payment processors, fintechs and neobanks with fully compliant Collections, PayOuts, FX, Cross Border payment services. With just one API, you can access all of these services seamlessly and easily.
Management Team
Browse more venture capital transactions:
Prev: 7/31/2024: Streamkap venture capital transaction
Next: 7/31/2024: Applied Carbon venture capital transaction
Share this article
Where The Data Comes From
Our team works diligently to report on funding rounds that are announced publicly. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs