Atlys secures $20M in Series B funding for market expansion and technology improvement, reaching total funding of $40M.

Visa processing startup Atlys has raised $20 million in Series B funding, co-led by Peak XV Partners and Elevation Capital. This brings its total funding to $40 million. Atlys aims to use the funds for market expansion and enhancing its technology, having already entered the US, UAE, and UK markets with a 20x growth in the past year. The international tourism sector is projected to grow at a 10.5% annual rate over the next decade.

September 24, 2024
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