The Good Tech Companies - Romanian Startup The Connecter secures pre-seed round led by Hatcher+ & Startupbootcamp Australia

Episode Date: April 22, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/romanian-startup-the-connecter-secures-pre-seed-round-led-by-hatcher-and-startupbootcamp-australia. The Connecter hits $1.2M post money valuation, after its recent backing by two prominent venture capital firms: Startupbootcamp and Hatcher+. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #defi, #crypto, #pre-seed, #funding, #vc-funding, #defi-wallet, #fintech, #good-company, and more. This story was written by: @theconnecterofficial. Learn more about this writer by checking @theconnecterofficial's about page, and for more stories, please visit hackernoon.com.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Romanian startup The Connector secures pre-seed round led by Hatcher Plus and startup bootcamp Australia by The Connector. Bucharest-based startup The Connector hits $1.2 million post-money valuation after its recent backing by two prominent venture capital firms, startup bootcamp and Hatcher Plus. Startup Bootcamp, Europe's leading accelerator with a $5.6 billion portfolio valuation, selected the connector as one of the top 10 out of 1.8k applicants for their sustainable fintech program. This recognition speaks volumes about the connector's potential to disrupt and innovate within the fintech space. Moreover,

Hatcher Plus, based out of Singapore, joined the funding round, bringing with them the expertise of the H2 Fund. This early-stage venture specializes in licensing AI-powered portfolio construction technologies to build sector-agnostic, diversified portfolios capable of generating robust, predictable returns for investors. In today's interconnected world, access to financial services is not just a luxury but a necessity. Yet, over 1.7 billion people still lack access to basic financial tools, facing daunting challenges like international transactions, currency devaluation, and custodian risks. While decentralized finance, DeFi, promises solutions,

its current complexities leave many on the sidelines with a staggering 70 unable to navigate account openings error-free without assistance additionally a significant 50 of user transactions end in failure a vision of inclusion the connectors approach enter the connector a decentralized finance super app on a mission to democratize access to wealth and bring the benefits of DeFi mainstream. The Connector is designed for the everyday person, offering a seamless blend of Web2 fintech ease with a Web3 backend. Its vision? To grant users full asset ownership, stable currencies, heightened security, and global reach. The Connector is really about connection in every way.

It's connecting existing technologies to form greater ones, it's connecting people to form novel experiences, and it's connecting people to freedom. There exists so many issues when it comes down to our prevailing economic systems that are currently in place. Firstly, the amount of money people have to pay simply to have a safe place to put their money, and then again to actually use it. Secondly, the little accessibility people essentially have to their own hard-earned money. And thirdly, the several privacy breaches that occur in centralized, regulated economic systems. The connector addresses and provides solutions to all of these problems, enabling individuals to have autonomy, accessibility and utilization over their own hard-earned finances. When I envision the potential of the connector, I see it really changing the way we as humans interact and perceive the reality in which we currently operate in.

I see the connector eliminating corruption, increasing individual freedom, and giving power back to people. I see the connector changing the world for the better at its most fundamental level. Paige Sapaner, COO and co-founder of the connector, user-centric design. The connector's differentiator. At the heart of the connector's success lies its user-centric approach, backed by evidence-based UI expertise from their R&D department, closely affiliated with Asia-Pacific YNBC. With a co-founder specializing in the psychology of technological mass adoption, the connector ensures a frictionless onboarding experience that is particularly crucial for newcomers to the crypto and de-Ferome. Setting new standards, the connector's features. What sets the connector apart from its competitors is its commitment

to real-world assets, RWA, and utility, operating within a B2B2C framework. Moreover, it boasts true global accessibility, with support for over 130 different payment options, including major cards like MasterCard and Visa, as well as popular platforms like Revolut and Western Union. The Connectors Payment Aggregator significantly boosts transaction success rates by an impressive 80% while consistently offering clients the lowest fees in the market. The Connectors promise represents more than just a DeFi solution. It embodies a movement towards financial inclusion and empowerment, fueled by cutting-edge technology

and backed by top-tier investors. As the Connector continues to pave the way towards a more accessible and democratized financial future, it stands poised to revolutionize the way we interact with and understand finance. Eduard Sapaner, CEO and co-founder TheConnector.www.theconnector.io info This story was distributed under HackerNoon's brand as an author program. Learn more about the program here. Thank you for listening to this HackerNoon's brand as an author program. Learn more about the program here. Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.