An International Payments Firm Buckzy, , Raises $14.5M

Mistral Venture Partners and Uncorrelated Ventures led a $14.5 million Series A fundraising round for Canadian real-time cross-border payments fintech Buckzy.

Buckzy, founded in 2018, provides real-time cross-border payments to more than 80 countries and Banking-as-a-Service capabilities through an embedded finance platform.

In addition to providing multi-currency bank accounts, local settlement accounts, and real-time FX quoting and booking, Buckzy, a licensed money transfer provider, collaborates with central banks worldwide to facilitate real-time international payments.

The startup has attracted over 140 new clients since going live in 2020, including traditional banks, neobanks, and fintechs.

Abdul Naushad, the CEO of Buckzy, says: “We’re on a mission to build the plumbing for real-time money movement globally, the same way high-speed internet fundamentally shifted the communications industry.”