Turkish fintech dApp startup Clave has successfully raised USD 1.6 million in a pre-seed funding round in London, led by Matter Labs and participated in by multiple companies including Safe, Lambda Class, and Mirana Ventures.
According to Clave Co-founder Baki Er, this investment marks a significant milestone in Clave's ongoing R&D endeavors. As part of its plans for 2024, Clave aims to evolve beyond a mere cryptocurrency wallet into a comprehensive payment solution.
Originally born out of a hackathon, Clave swiftly gained recognition in the blockchain domain, progressing from finalist status to securing early-stage funding in 2023. This decentralized smart wallet project seeks to democratize decentralized finance by providing a user-friendly platform, prioritizing hardware-level security features such as passkeys on users' devices for enhanced security.