# Klickl

> Klickl is a regulated Web3 open-finance platform headquartered in Abu Dhabi that bridges traditional banking and digital assets. Founded in 2017, it offers crypto trading, custody, payments, multi-currency accounts, cards and OTC services under licenses from Abu Dhabi's ADGM, Poland (VASP/EU) and the US (FinCEN MSB). In December 2024 it raised a $25M Series A at a $125M valuation to expand across the MENA region and other emerging markets.

- **Founded:** 2017
- **Headquarters:** Abu Dhabi, United Arab Emirates
- **Founders:** Michael Zhao (Founder & CEO)
- **Team size:** ~51 employees
- **Products:** Klickl Exchange, Klickl Card, Klickl Pay, Custody & Wallet, Multi-currency Global Accounts & Virtual IBANs
- **Notable:** Closed an oversubscribed $25M Series A at a $125M valuation in December 2024., Described as the region's first fully licensed Web3 banking service., Holds regulatory approvals across three jurisdictions: ADGM (UAE), VASP in Poland (EU), and FinCEN MSB (US).

## Products & services

- **Klickl Exchange** — Regulated trading platform for spot, futures/perpetuals, one-click Convert, and fiat OTC, with deep liquidity for retail and institutional users.
- **Klickl Card** — Virtual and physical payment cards that let users spend digital assets in the real world.
- **Klickl Pay** — Ecosystem payment solution for crypto and stablecoin settlements and cross-border payments.
- **Custody & Wallet** — Regulated digital-asset custody, wallets and global settlement services for individuals and institutions.
- **Multi-currency Global Accounts & Virtual IBANs** — Fiat on/off ramps, multi-currency accounts and virtual IBANs bridging bank rails and Web3.
- **B2B Institutional Solutions** — Brokerage, liquidity, payment APIs and enterprise SaaS for businesses entering digital assets.
- **KLK Token & IEO Launchpad** — Native utility token powering a staking rewards system and an IEO launchpad within the PayFi ecosystem.
- **Klickl Labs** — Venture platform (with Summer Ventures) targeting cross-border remittance and digital-payment infrastructure in the Middle East and Africa.

## Achievements

- Closed an oversubscribed $25M Series A at a $125M valuation in December 2024.
- Described as the region's first fully licensed Web3 banking service.
- Holds regulatory approvals across three jurisdictions: ADGM (UAE), VASP in Poland (EU), and FinCEN MSB (US).
- Built an Alliance Exchange footprint across UAE, Kenya, Poland, Canada, the US, Malaysia and Hong Kong.
- Launched Klickl Labs and the Klickl Foundation to seed a compliant PayFi ecosystem.

## Latest updates

- **2024-12** — Klickl International completed a $25M Series A at a $125M valuation, co-led by Web3Port Foundation and Aptos Labs.
- **2024-Q4** — Launched Klickl Labs with Summer Ventures to build cross-border remittance and payment infrastructure for the Middle East and Africa.
- **2024-Q4** — Established the Klickl Foundation to invest in the Web3 ecosystem and set benchmarks for the PayFi industry.

## Links

- Website: https://klickl.com
- LinkedIn: https://www.linkedin.com/company/klicklofficial
- Twitter/X: https://twitter.com/klicklofficial
- Facebook: https://facebook.com/klicklofficial/

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Profile page: https://yespress.io/klickl-group
Published by YesPress — https://yespress.io
Last updated: 2026-07-27