AbbeyCross, a B2B trading and compliance marketplace focused on improving the underlying market infrastructure for emerging market (EM) currencies, has raised USD2.47 million in non-priced, convertible notes in its pre-seed funding round.
The round was led by Third Prime. Communitas Capital also invested, with the balance being spread across eleven strategic angel investors from within the payments industry.
AbbeyCross is improving the underlying market infrastructure for EM currencies. Working with global banks, their currency suppliers, and other financial services providers, AbbeyCross removes inefficiencies in the market. As a result, AbbeyCross brings deeper currency liquidity, price transparency, and market data to a fragmented EM currency payment industry.
