SmartLoC, a forward-thinking startup dedicated to revolutionizing cross-border payments, has recently concluded a €1.8 million seed round, marking a significant milestone in their journey. The round was spearheaded by HTGF | High-Tech Gründerfonds, with participation from Loggerhead Ventures, the MBG Mittelständische Beteiligungsgesellschaft Schleswig-Holstein mbH, and a group of enthusiastic business angels.
Led by CEO Britta Balden, SmartLoC is on a mission to empower businesses worldwide with a cutting-edge, fully digital B2B payment solution. By addressing the complexities of international trade head-on, they are paving the way for a new era of efficiency and security.
SmartLoC’s innovative approach to cross-border payments stands to transform the way businesses operate on a global scale. By harnessing the power of technology and digitalization, they are streamlining processes and eliminating traditional barriers that hindered international transactions.
With the successful completion of their seed round, SmartLoC is well-equipped to drive their vision forward and disrupt the status quo in the world of cross-border payments. The infusion of funds not only provides them with the necessary resources to enhance their platform but also validates their mission and potential within the industry.
SmartLoC’s commitment to empowering businesses with a modern and secure payment solution holds immense promise for international trade. As they continue to advance their technology, it is clear that SmartLoC is poised to revolutionize the way we navigate the complexities of cross-border transactions.