# Leap Financial

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/leap-financial

- Industry: Financial Services
- Headquarters: Miami, US
- Website: www.leapfinancial.com/
- Total disclosed funding: $3.5M
- Latest round: Seed (Dec 17, 2024)
- Investors on record: 2

## About

Founded in 2018 and based in Florida, US, Leap Financial Inc. provides financial technology solutions that enable businesses to process their payment transactions online. Lionel Carrasco (CEO) and Marcela Henao are the co-founders of the company. In December 2024, Leap Financial Inc.raised USD 3.5 million in seed funding led by Fuel Venture Capital, including Ascendo Venture Capital.

Leap Financial offers a suite of advanced fintech solutions, integrating artificial intelligence to enhance financial services and customer experiences. The company’s core products focus on embedded remittances and embedded payments, designed to streamline cross-border transactions and optimize payment processing through conversational AI agents. These services enable financial institutions, fintech companies, retailers, and telecommunications providers to facilitate real-time transactions and engage customers. The offering targets markets with remittance flows, allowing users to send money, similar to sending a text message.

Leap Financial generates revenue primarily through partnerships with banks, fintech enterprises, and retail companies that leverage its embedded financial services. The company employs a transaction-based revenue model, applying fees for each remittance and payment processed through its platform.

The organization plans to use the December 2024 funding to expand its AI capabilities, support growing customer demand, and attract top talent for its artificial intelligence-based cross-border payments platform.

## Funding rounds

- Seed, Dec 17, 2024, $3.5M — Fuel Venture Capital, Ascendo Venture Capital

## Investors

- Fuel Venture Capital (https://capitalatlas.ai/funds/fuel-venture-capital) — Seed
- Ascendo Venture Capital (https://capitalatlas.ai/funds/ascendo-venture-capital) — Seed