The seed round was led by venture capital fund Adjacent, while other investors include Y Combinator, and various other CEOs, founders, and co-founders of successful fintech startups.
The company’s goal is to boost Shopify merchants’ visibility by helping them sell subscriptions in a simple and easy manner. According to Skio’s officials, the fintech can help Shopify merchants edit subscriptions 10 times faster, reduce customer tickets by 60% through a password-less login, and increase conversion rates by over 70% using a one-click checkout technology.
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