Klickl International, the UAE-based company that proudly stands as the first fully licensed Web3 banking service provider in the region, has raised $25 million in its Series A funding round. This successful round, which was oversubscribed, has pushed Klickl’s valuation to a remarkable $125 million, solidifying its position as a leader in the Web3 financial services industry.

The investment round was co-led by Web3Port Foundation and Aptos Labs, with other notable contributors including Summer Ventures, Heritage Horizon Capital, and V2 Capital. These partnerships are expected to be crucial in Klickl’s expansion, with Web3Port playing a key role as a Limited Partner in the company’s Web3 Fund and Aptos Labs providing support for blockchain infrastructure.

Klickl’s CEO, Michael Zhao, emphasised the significance of this funding, stating, “The Series A round positions Klickl at the forefront of Web3 banking in emerging markets. Our focus remains on expanding secure, innovative financial solutions while enhancing cross-border remittance systems and digital payment infrastructure.”

The success of Klickl is also closely linked to the UAE’s progressive regulatory framework, particularly the Abu Dhabi Global Market (ADGM). The supportive environment has been integral in helping Klickl become the region’s first fully compliant Web3 banking service provider, offering essential services like crypto custody and brokerage solutions.

This fundraising achievement highlights the growing investor confidence in Web3 financial services. The rise of blockchain-powered financial solutions is becoming increasingly evident across the globe. A prime example is the recent $4.2 million raised by the Malaysian crypto exchange Hata, underscoring the booming interest in Web3 and crypto services, especially in Asia.