# Rackle

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rackle

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.rackle.io
- Total disclosed funding: $0.5M
- Latest round: Seed (Mar 3, 2023)
- Investors on record: 1

## About

Founded in 2020 and based in London, UK, API Network Global Ltd., dba Rackle, operates as a mobile application that engages in online banking transactions. Burak Kelleroglu, Dogukan Gozeten (CEO), Erkin Samut, Gozde Gozeten Turney, and Kayhan Gozeten are the co-founders of the company. In March 2023, Rackle raised EUR 0.50 million in seed funding from Arz Portfolio and other investors. As of March 2023, the company also has as office in Ankara.

The company provides a line of products including digital banking, cards, lending, and payments. The firm provides a banking-as-a-service platform that lets users embed financial features into their products. Rackle also offers banking solutions such as cash advances, automated tax calculations, integrations with Abound, Plaid, and more.

The organization plans to use the March 2023 funding to support product development and commercialization.

## Funding rounds

- Seed, Mar 3, 2023, $0.5M — Arz Portfolio

## Investors

- Arz Portfolio (https://capitalatlas.ai/funds/arz-portfolio) — Seed