Koverly
Seamless global payments and receivables for growing businesses
Waltham, United States · Founded 2021 · $7.6M raised
- Headquarters
- Waltham, Massachusetts
- Employees
- 11–50
- Founded
- 2021
- Business Model
- B2B
- Website
- koverly.com
- Total Funding
- $7.6M
- Last Round
- $7.6M SeedAug 2023
- Rounds
- 1
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
Koverly is a Fintech company based in Waltham, United States, founded in 2021. 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
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Funding History
Aug 2023
Investors
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