B2B cross-border payment solution for SME&s;s
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Menlo Park
State: California
Zip:
Country: United States
Ventu brings the benefits of blockchain to facilitate international trade for SMEs in Latin America. Based on this technology, Ventu offers a smarter and low-cost solution to build trust, make payments, and give access to trade-related financial services. Today, most SMEs in LATAM rely on old banking infrastructure and traditional players, facing slow processing time (1-2 days), high fees (1.5%-5.4%), and requiring labor-intensive and bureaucratic processes. To solve this, Ventu’s Web 2.5 software helps SMEs make international B2B payments, automate reconciliation, track orders and integrate them to facilitate financial management. The platform has a simplified one-time onboarding process that helps our customers seamlessly trade with their network of customers and suppliers. Ventu offers low-cost instant fiat-to-fiat cross-border payments by partnering with financial institutions.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 10/2022 | Pre Seed Round | 4 | $700k |
99 Startups Bridge Latam Nido Ventures 500 Global 99 Startups Bridge Latam |
9/2022 | Pre Seed Round | - |
Bridge Latam Bridge Latam |
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