With $4M in seed capital, Lynk launches payment platform for marketplaces
The startup's product is meant to reduce the burden of high processing fees, for both merchants and consumers.
Lynk, a platform to help marketplaces process payments with lower fees, has come out of stealth and raised CAD $4 million (USD $3 million) in seed capital. Investors include Samsung Next, Plug and Play, Tribe Capital, Simplex Trading, Toronto’s N49P, and others.
Why it matters: In an environment of high inflation and interest rates, costs…