Buckzy Payments Inc., a Toronto, CA-based fintech company, closed a $1.75m seed funding round.
The round was led by Mistral Venture Partners joined by New York based Revel Partners.
The company intends to use the funds to scale its real-time global payments network.
Led by Abdul Naushad, CEO & Founder, Buckzy facilitates international B2B/B2C/P2P payments, with funds reaching the recipient in under five minutes. Available 24×7, 365 days a year, with zero transaction fees, the network technology platform enables cross border money movement between banks and 3rd party wallets to enable global remittance, bill payments and B2B Commerce payments.