Finance & Economics

LeapXpert Raises $22 Million for Finserv Messaging Platform

LeapXpert, a provider of business communication solutions, announced the attraction of investment funds in the amount of $ 22 million following the results of the Series A+ financing round.

LeapXpert Raises $22 Million for Finserv Messaging Platform

Source: Pixabay.com

This round was conducted by Rockefeller Asset Management through its Technology Ventures group. Uncorrelated Ventures, a Partner fund for New York, and existing investors also provided part of the funds.

Currently, companies that work in the financial services sector are facing problems in the form of claims from regulators due to the use of applications such as WhatsApp for communication on work issues. LeapXpert solves this problem by creating a special communication platform, the use of which does not contradict the requirements of information security and data management standards.

The product of the provider of solutions for the organization of the communication process allows companies to provide their employees with a single corporate identity for business communication using iMessage, WhatsApp, SMS, Telegram, WeChat, Signal, Line and voice calls.

Communication between employees of financial services firms can be recorded, but their personal messages belong to the category of confidential information. Customers have the right to choose the messaging application that is preferred for them. The initial integration of this platform with Microsoft Teams is also provided.

Dima Gutzeit, CEO of LeapXpert, says that his company’s goal is to create a single global standard that provides for responsible and flexible interaction of employees of financial services firms with customers. He also noted that through the use of new investment funds, LeapXpert will get closer to achieving its goal.

The company was founded in 2017. Since then, the firm has attracted investments totaling $36 million. The company is headquartered in New York. The firm also has branches in Israel, the UK, and some Asian countries. LeapXpert’s mission is to ensure that instant messaging is not an obstacle to secure business communication.

As we have reported earlier, Thunes Bags $30 Million in Ongoing Investment Round.

Serhii Mikhailov

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Serhii’s track record of study and work spans six years at the Faculty of Philology and eight years in the media, during which he has developed a deep understanding of various aspects of the industry and honed his writing skills; his areas of expertise include fintech, payments, cryptocurrency, and financial services, and he is constantly keeping a close eye on the latest developments and innovations in these fields, as he believes that they will have a significant impact on the future direction of the economy as a whole.