The $25 million Series A funding round for Klickl International (“Klickl”), a leader in Web3 banking services with its headquarters in the United Arab Emirates, has been successfully closed. The market’s confidence in Klickl’s vision and execution skills is demonstrated by this most recent accomplishment, which raises the company’s valuation to $125 million. Notable participants in the round included Summer Ventures, Heritage Horizon Capital, V2 Capital, Alpha Square Group, Heng Feng Group, Trend Investment, and Bond Group. Prominent Web3 investors Web3Port Foundation and Aptos Labs co-led the round.
Klickl is positioned for faster growth in the rapidly expanding global Web3 banking market thanks to this funding milestone. The establishment of Klickl Labs in Q4 2024 in partnership with Summer Ventures and Klickl Foundation is one of the major projects resulting from this round.
Targeting high-growth markets in the Middle East and Africa, Klickl Labs will lead strategic joint ventures by utilizing its Web3 banking services, virtual asset servicing, and crypto payments/brokerage platform. The company will also serve as an incubator for high-impact ventures, promoting scalable solutions in digital payment infrastructure and cross-border remittance. Setting new standards for the PayFi sector, the Klickl Foundation will direct investments into the Klickl Web3 ecosystem.
Klickl’s growth will be greatly aided by Web3Port Foundation, a well-known investment and accelerator platform that has supported more than 1,000 Web3 projects. In order to promote the widespread adoption of Web3 technologies, Web3Port, a founding strategic partner, will act as a limited partner for the Klickl Foundation’s Web3 Fund and use its tokenomics knowledge.
Bobby Zhou, Chairman of Web3Port UAE, commented: “We are thrilled to support Klickl in its journey to redefine global Web3 banking services. This partnership also marks a significant step in our UAE expansion strategy. In 2024, Web3Port has partnered with RPG Holdings in Abu Dhabi and 19 leading VC firms to establish a stronger Web3 presence in the UAE. Together with local government and regulators, we aim to foster rapid innovation and community growth in the Web3 ecosystem.”
The Layer 1 blockchain known as the Aptos Network is well-known for its innovative technology and Move programming language. Aptos Network is built to provide outstanding performance, strengthen user security measures, and evolve continuously. Setting a new benchmark for blockchain performance, it is the first to achieve sub-second end-to-end (E2E) latency.
Michael Zhao, Founder and CEO of Klickl, stated: “The support from Web3Port Foundation, Aptos Labs, and our long-term investors—including Summer Ventures, Heritage Horizon Capital, V2 Capital, Alpha Square Group, Heng Feng Group, Trend Investment, and Bond Group—highlights the strength of our vision. This funding empowers us to expand our Web3 banking services, focusing on emerging markets across MENA and beyond. We are especially grateful to the local authorities for their forward-thinking regulatory support under ADGM, which has been instrumental in positioning Klickl as the region’s first fully licensed Web3 banking service, offering crypto custody and brokerage solutions.”
