Leap Financial combines a proprietary X-Border Payments Platform with a native AI super-agent called "Lola" to power instant, card-to-wallet domestic and international payments. Its white-label solution lets banks, fintechs, and even non-financial companies embed remittances and digital payments that cost under 1 % of the transfer amount, versus the 6–10 % typical of legacy money transmitters. By partnering with federal banks, Mastercard, and global aggregators, Leap removes intermediaries, reduces cash usage, and strengthens anti-money-laundering controls. The company targets immigrant workers who need to send money home, positioning social impact at the core of its business model. Seed funding will be used to meet demand from new customers generated through the Mastercard partnership and to hire additional AI talent. Founded by Lionel Carrasco and Marcela Henao, the startup operates from Miami and aims to expand its AI-driven, end-to-end payments infrastructure across the U.S. and Latin America. No revenue or user figures were disclosed in the announcement.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Dec 2024