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Levro
Multicurrency business banking platform
- 1-20 employees
- Fintech
- B2B
- Banking
- Foreign exchange
- Financial Services
- SaaS
- SoMa, San Francisco, CA
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Company mission
Levro's mission is to build the financial backbone for global commerce, facilitating frictionless business expansion to any country through its multicurrency banking platform.
Our take
Sending international payments as a business is full of obstacles, such as expensive foreign exchange fees and long waiting times. Whilst this can be dealt with by holding funds in various international banks, this can fragment the company’s financial situation and ultimately create more problems than it solves.
Levro provides a multicurrency business banking platform, facilitating the holding of over 34 currencies to provide seamless international and domestic payments. The platform differentiates itself from other corporate banks by holding a fixed rate of 0.25% foreign exchange fees for any transaction, whilst guaranteeing same-day trackable payments.
Whilst Levro will face competition from a growing number of international corporate banks, the company stands out with its focus on same-day payments and fixed foreign exchange rates, whilst unifying international and domestic payments into a holistic financial analysis dashboard. The platform also includes the protection of multi-factor authentication and FDIC insurance and provides various corporate payment perks such as cash-back and employee cards.
Kirsty
Company Specialist at Welcome to the Jungle
Funding (1 round)
Aug 2021
$0.2m
SEED
Total funding: $0.2m
This company has top investors
Leadership
Cathy Han
(CEO)Experience as Category Developer for Procter & Gamble. Co-founder and Board Chair of 42 Technologies Inc. since 2013.
Abeer Agrawal
(CTO)Co-founder of Theorem LP since 2013.