TransactionLink Raises €5M in Seed Funding for Business Onboarding Platform
TransactionLink, a Warsaw-based provider of a platform that allows companies to build and automate their ideal business onboarding process, has raised €5M in Seed funding. The round was led by White Star Capital with participation from angel investors from London and Paris, as well as existing investor Target Global. The company plans to use the funds to further develop their product and expand into new customer sectors.
TransactionLink's CEO, Mateusz Pniewski, leads the team in providing a solution that enables teams to easily build and automate their business onboarding processes.
This includes creating workflows, incorporating risk and decision logic, and integrating with KYC/KYB services - all without the need for coding. The platform automates back-end checks and front-end customer interactions, delivering a seamless end-to-end experience.
The company has already gained momentum, working with over 50 customers globally, including Fortune 500 and global payments provider, Fiserv. With over 150 ready-made integrations to common KYB/KYC data sources worldwide, spanning more than 100 geographies, the platform offers extensive coverage. Additionally, the platform can be fully white-labelled, providing companies with a personalized branding experience.
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