About Levro
Levro offers a platform that automates payment processes for businesses, helping them manage multiple vendor payments and ensuring tax compliance. Its key features include the ability to send payments to multiple vendors at once and support for over 34 currencies, allowing businesses to pay suppliers in their local currencies. Levro also provides an API for customizing payment workflows and integrates with existing financial systems. The company aims to simplify financial transactions and likely operates on a subscription-based revenue model.
San Francisco, CaliforniaHeadquarters
2021Year Founded
$126.5KTotal Funding
SEEDCompany Stage
Fintech, Financial ServicesIndustries
1-10Employees
Risks
Emerging fintech startups offer similar solutions at competitive rates.
Potential regulatory challenges in the EU could impact cross-border payments.
Cybersecurity threats are increasing, posing risks to fintech companies.
Differentiation
Levro offers multicurrency accounts supporting 34 currencies across 168 countries.
The platform automates vendor payments and tax compliance, simplifying business operations.
Levro's API allows businesses to customize payment workflows and integrate with existing systems.
Upsides
Growing demand for API-driven financial solutions boosts Levro's market potential.
Interest in multi-currency platforms rises with remote work and global teams.
Automated tax compliance solutions are increasingly sought after by businesses.
Funding
Total raised$126.5 K
Latest valuation$650.0 K
StageSEED
SEED
7/31/2021- Y CombinatorTop
N/A
$650.0 K