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Kooltra Nabs $6.5M in Series A Funding

Kooltra, a Toronto-based Fintech firm, pulled in $6.5 million in Series A funding with the hopes of expanding its cloud-based foreign exchange platform. So reports Red Herring.

The company was founded by Adam Katz, a former Velocity Trade executive. The new injection of funding came from Round 13 Capital and Hyde Park Venture Partners. The FX platform allows companies to automate operations. The expansion is set for the UK.

Read the full story from Red Herring.

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