Reloadly secured $750.000 in a seed round investment backed by Bbooster, TheVentureCity, Wayra and Nero Ventures.

Reloadly, a Barcelona, Spain-based software developer, announced that it closed a $750k capital investment round.

The funding round included a range of private investors from Spain such as Wayra, Bbooster Ventures, The Venture City and Nero Ventures.

Reloadly, founded in 2017 and led by CEO Michel Francis, developed a mobile top-up as a system (TasS), which is a cloud-based API made for developers looking to further integrate access to mobile services such as transfer of airtime, mobile money, and sales of digital goods. The company claims to have reached 1.000 business accounts since its launch, generating around $1.3M ARR.

The invesment round include an initial capital backing provided by Wayra Spain and TheVentureCity in May 2019. Following that deal, Reloadly was part of TheVentureCity’s sixth-month accelerator program as well in Wayra’s Scale up program.