Koverly

Koverly is a fintech company in Waltham, United States, founded in 2021. It has raised $7.6M across 1 round, most recently a $7.6M Seed in August 2023.

Seamless global payments and receivables for growing businesses

Employees
11–50
Founded
2021
Business Model
B2B
Total Funding
$7.6M
Last Round
$7.6M SeedAug 2023
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round and 5 investors for this company. The full record is or through the API.

About

Koverly is a Waltham, Massachusetts-based fintech platform founded in 2021 that simplifies cross-border payments, foreign exchange, and working-capital financing for small and mid-sized importers and B2B merchants. The platform enables businesses to send and receive money in 128 currencies across 180+ countries at mid-market FX rates with no hidden fees. Koverly's flagship KoverlyPay product provides a buy-now-pay-later solution for FX payments, allowing buyers to split payments into 4, 8, or 12 weekly installments while sellers receive funds within 24 hours — with the first 30 days free for FX payments. The platform integrates with major accounting systems including QuickBooks, Sage Intacct, Xero, and NetSuite.

Summary

It lists 11–50 employees. It has raised $7.6M in total across 1 round, most recently a $7.6M Seed round in Aug 2023. Investors include Accomplice, Vinyl Capital and One Way Ventures.

Tech & App Stack

5 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
SeedSeed RoundAug 2023
$7.6M

Investors

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