Spanish SaaS fintech Kloutit, has raised €540,000 in funding. The company focuses on chargeback management and prevention for businesses.
Chargebacks are a financial mechanism that allows consumers to dispute a transaction and receive a refund from their bank or credit card issuer. This process is designed to protect consumers from fraudulent transactions and other purchase-related issues.
Kloutit’s services focus on AI that automates and accelerates chargeback processes, checks their validity, and combats the losses they can cause.
After only two months since its inception, it has managed to recover more than €150,000 for its customers through its services, which has guaranteed its profits in the long term.
Lanai Ventures and BStartup 10 led the round, which included Luis Osorio Solé…