Krepling lands $1m in pre-seed financing

Krepling

Krepling, a US-based e-commerce dev platform provider, has recently raised $1m in a pre-seed financing round.

The round was led by LAUNCH, Jon Oringer, Brickyard and Jason Calacanis.

Krepling claims it is the world’s first no-code composable platform built for commerce. The company enables merchants to build and unify their entire e-commerce stack and build brilliant, end-to-end, purchasing and automation channels beyond a simple storefront.

Users can also integrate with applications to create better buying experiences, automate marketing-based operations and sell products in a borderless environment. The company was founded by Travis and Liam JE Gerada.

Krepling plans to use the newly raised capital to speed up growth and expand its operational side.

Cloud-native payment technology provider Form3 recently closed a venture debt facility on €23m to support its rapid global expansion.

The venture debt funding was supplied by Atempo Growth. With the funds, Form3 hopes to explore acquisitions, launch into new markets and bolster its product growth.

Form3 is an API-based cloud technology solution developer that helps financial institutions offer mission-critical payments.

It claims to be revolutionising how payments work from channel to payment scheme. It has an enterprise-grade, managed, payment technology platform that can integrate across multiple payment schemes and easily connects into local payment systems.

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